Banking
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What Is Selling Out of Trust? A Plain-English Guide for Floorplan Funders and Dealers
Selling out of trust means a dealer sells a funded vehicle and doesn’t repay the funder in time. Why it happens, how…
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Dealer Floor Plan Financing Explained
How dealer floor plan financing works, step by step: advances, interest, curtailments, payoffs and audits, with a worked example, real dealer-group costs…
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Selling Out of Trust: How Fraud Continued Despite Court Orders
New to the term? Start with our plain-English guide: What is selling out of trust? Timothy Bunn’s case presents the most troubling…
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The £2.2M Shell Game: When Trust Becomes a Weapon
How Mitchell Simpson exploited cross-lender blind spots for seven years—and why traditional funding processes failed to detect the scheme For seven years,…
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DataScan Launches uVerifi, a Revolutionary Digital Auditing Tool for Wholesale Lenders in the USA and Canada
DataScan, the leader in providing solutions for wholesale asset financing and inventory risk management, has partnered with CheckVentory, an innovative software-as-a-service provider,…
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Real-time Visibility and Building Loyalty: the Key to Successful Dealer-Funder Relationships
Today we interview Adrian Walsh, CEO and founder of CheckVentory. In this short Q&A, Adrian explains his background and how he came…
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Are Your Risk Management Policies Sufficiently Refined?
Do you have the detailed information you need to make the right decisions? Floorplan finance is commonly used in the automotive industry…
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Modern Dealer Audit Technology: the Evolution of Dealer Self Audits
Between two floorplan audits, a dealer can sell a funded car, use the money for weeks and pay it off just before…
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CheckVentory allows car dealers to self-audit (SAudit) more accurately
When most people see shiny new cars on a garage forecourt they don’t know that the dealer doesn’t own the cars. A…
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Keeping stock pays dividends
Early career experiences often provide the seedbed of inspiration for future enterprise. In the case of Adrian Walsh, a combination of…