Preliminary Payment

In the automotive sector, following a positive credit decision for sales financing, trading partners require additional liquidity to order the vehicle or replace it from existing wholesale or retail financing. In special cases, the trading partner would still leave the vehicle in wholesale financing, but requires the motor vehicle registration certificate for pre-sale processing of this vehicle.

The module group Preliminary Payment provides submitters (trading partners) with customised processes for application, approval and settlement of preliminary payments for a financing object based on a positive credit decision for retail financing of this asset. The services portfolio ranges from complete data transfer of the authorised retail financing request, flexible selection of individually tailored repayment schedules, capturing of the required data management with appropriate plausibility checks, automated inquiry of information, generating automatic or manual credit decisions via workflow-supported credit processing and payment, to contract administration and accounting. The basic agreement of the business partner involved includes all settings, such as limits granted and their response rates, base interest rates, ratings based on quantitative and qualitative criteria and much more.

Services Preliminary Payment

  • Application of preliminary payment with acquisition of asset and other master data from the authorised retail financing application and selection of the financial product
  • Automatic check of the application within seconds incl. determination of the credit limit available, determination of the prepayment, taking into account any discount factors
  • Automatic and if necessary manual decision, taking into account customer-specific stop and knock-out criteria with exact logging of the decision history
  • Workflow-based credit processing with defined validation steps up to contract activation incl. designation and information transfer to the underlying retail financing operation
  • Disbursement of funds to the account of the submitter or the borrower and processing repayments according to the repayment plan with monthly interest calculation
  • Balance of the preliminary payment upon activation of retail financing, taking into account higher or lower amounts.
  • Partner Management: acquisition of partners, granting the credit limit and individual terms depending on rating, maintenance of transaction accounts and payment, etc.
  • Terms maintenance: support of customisable repayment plans with determination of interval and timing of repayments, amount of the repayments as percentage or value, nature and amount of the interest premium, as well as the interest bearer, discount factors for type and age of asset etc.

Advantages at a glance

  • Integrated system: afb-CMS covers the entire life cycle of the application creation in an integrated system – from application to termination of contract.
  • Free choice of distribution channels: with the solution, financial services providers are present in all B2B sales channels.
  • Increasing competitiveness: in addition to the direct financing operation, Preliminary Payment also provides a distribution function for financial services providers. Whosoever provides additional liquidity is generally the preferred business partner in arranging retail finance.
  • Settlement of payment transactions: automatic settlement of payment transactions (netting) between wholesale and retail financing is possible in connection with retail finance. High degree of automation: with afb-CMS, our customers operate their business at the highest level of automation. It is designed for high-volume, standardised processes, quick decisions and automated handling of contract management.


  • Flexible financial products: the solution provides the opportunity to offer flexible financial products.
  • For different asset groups: afb-CMS offers the possibility of financing transactions for all major groups of asset (e.g. vehicle, equipment).
  • Decision as part of the risk strategy: afb-CMS makes the credit decision based on the criteria and rules defined by the financial services provider in compliance with standardised and centralised guidelines and regulatory requirements.
  • Interaction with Collateral Management: during activation and contract period, afb-CMS checks if all the collateral required in accordance with the established rules, such as registration documents, are attached and linked to the basic and asset agreements.


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