The National Independent Automobile Dealers Association and EFG Companies recently created a new strategic partnership to drive greater F&I profit opportunities for independent dealerships nationwide.

NIADA tapped EFG as a national corporate partner so association members can leverage the company as a single-source provider for F&I products, services and administration that has almost 40 years of industry experience.

“EFG Companies represents a leading force in the F&I training, compliance, and ancillary solutions market.  We see a tremendous reservoir of very innovative, high impact, and leading edge F&I solutions that our member dealers need more than ever to effectively compete and ensure compliance within a very dynamic, hypercompetitive auto retail finance market,” said Scott Lilja, NIADA’s senior vice president of member services.

“EFG Companies exemplifies at the highest level what we look for in an endorsed NIADA National Corporate Partner,” Lilja continued.

EFG believes business success is ultimately measured by a simple premise: keeping a promise to a customer at a time when they need it most.  EFG has dealer services field team is 100-percent AFIP certified. Last year, EFG also was awarded the Automotive Service Excellence (ASE) Blue Seal of Excellence, with EFG’s claims adjusters averaging 15 years of experience.

“During this time of increased compliance oversight and economic expansion, it is imperative that independent auto dealerships be equipped with the ability to drive F&I revenue in a compliant manner while increasing customer satisfaction,” said John Pappanastos, president and chief executive officer of EFG Companies.

“EFG has proven that an engagement model which combines F&I and sales training, recruiting services and industry analytics drives healthy and sustainable business growth,” Pappanastos added.