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FAQ ID # 855
Generic Financing Setup
Last Update : 2019/06/19
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Question / Issue
Generic Financing Setup

Answer / Solution

To access Generic Financing, you need to have an Admin level login or to have been given access to your company group.

First go to Administration, and then select List Company Groups(if you are an admin login) or Edit Companies(if you have been given access to your company group).

Now, find Generic Financing, and place a check in the box to the left of it.  Now click on Additional Info to the far right.

Under the Generic Financing tab, you can set parameters for Annual and/or Semi-Annual policies:

  • Percent down - set the percentage
  • Number of Payments - set the number of payments
  • APR or Flat Charge - pick which one to use
  • APR/Flat Charge ammount - set the APR or flat percentage rate.

After finishing this, click on OK, then Save Changes, and finally Exit Administration.

Now to access the Generic Financing payment plan, rate the customer to get to the Comparison tab, then hit Select next to one of the carriers(it does not matter which one).

This will take you to the Breakdown tab.  Now, go to the Breakdown menu at the top, and select Independent Financing.  Then, click on Generic Financing, and that will replace the payment plan with the one you set up.

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Generic Financing Custom

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