The Savings Group (TSG) operates a digital platform that connects financial institutions with borrowers, facilitating automotive finance, refinance, and protection plans. By providing consumers with access to competitive vehicle financing options and a reliable pipeline of qualified loan applicants, TSG enhances savings opportunities for car buyers while streamlining the lending process for financial institutions.
Funding
Funding not disclosed
Founders
Product
Problem
Consumers often struggle to find the best rates and terms for automotive financing and refinancing due to a fragmented market and lack of transparency. Financial institutions face challenges in efficiently reaching qualified borrowers and expanding their auto loan portfolios.
Solution
The Savings Group (TSG) operates a digital ecosystem connecting financial institutions with consumers seeking automotive finance, refinance, and vehicle protection plans. Through its consumer brands, AUTOPAY, RateGenius, and Tresl, TSG provides access to competitive vehicle financing options, including new car loans, refinancing, and lease buyouts. The platform streamlines the lending process for financial institutions, offering a reliable pipeline of qualified loan applicants and facilitating efficient loan origination. TSG's solutions enable consumers to save money on their car loans while empowering lenders to grow their auto loan business through a scaled digital platform.
Target Audience
TSG serves consumers looking to finance or refinance their vehicles, as well as financial institutions seeking to expand their auto lending portfolios.
Features
- Online platform connecting borrowers with a network of over 150 lenders.
- Auto loan refinancing to lower interest rates and monthly payments.
- New car loan financing for purchases from dealerships or private sellers.
- Lease buyout financing to purchase leased vehicles at competitive rates.
- Company car purchase financing to facilitate the purchase of vehicles from employers.
- Digital contracting and secure online portal for a streamlined application process.
- Access to vehicle protection products, including service contracts and GAP waivers.
- Dedicated finance advisors providing personalized assistance throughout the loan process.