taq Automotive Intelligence Revolutionizes Finance with Digital Deal Jacket: A Game-Changer for Both Dealers and Lenders

PRESS RELEASE - Markham, ON November 28, 2024

Markham – With a continued focus on the future of automotive finance, taq Automotive Intelligence announces the launch of it’s patent pending Digital Deal Jacket™, a groundbreaking feature within its credit portal. This cutting-edge technology delivers funding efficiencies and enhances taq’s current streamlined financing solution, benefiting both Retailers and Lenders.

“Today marks a significant milestone for taq as we proudly unveil Digital Deal Jacket with functionality that shifts the entire funding process to a fully digital experience,” says taq President, John Currado. “This innovation promises to elevate industry standards and redefine the future of automotive funding.”

Digital Deal Jacket is a mobile-friendly solution that digitizes the entire funding workflow. It leverages e-signature technology and uses intelligent systems to reduce errors and deficiencies and speed up payments.

“Dealers will benefit immensely from the intuitive design of Digital Deal Jacket, which minimizes the time spent chasing documents and signatures,” Currado adds. “Fully utilized, this technology eliminates the majority of deficiencies, which means Retailers get funded faster, leading to significant savings in both time and money.”

Leasing innovator SCI Lease Corp is leveraging this technology as part of its digital transformation journey. “taq’s ability to customize solutions to fit our needs has been key in helping us create a fully digital offering,” says Alan Bird, President of SCI Lease Corp. “taq understands that to significantly improve the customer finance experience, the future of automotive financing needs to be digital.  taq’s vision aligns perfectly with our goal to transform the leasing landscape.” 

Digital Deal Jacket is available to any financial institution using taq’s One credit portal. For Lenders on the portal, it delivers a seamless digital experience that aligns with the industry’s shift towards efficient automation.