Press Release » July 2009

Ohio “Newpreneur” defies the odds, and troubled economy opening a “new age” Vehicle Leasing, and Financial Services Company

DAYTON, OH July 2009 - With the economic issues facing the auto sales and finance industry, area businessman, William Brough is opening what he refers to as a “new age” leasing and financial services company. The new company, Absolute Auto Solutions, LLC., will be very high tech, overhead lean, and client services oriented. Brough is part of an immerging business culture recently referred to in INC. magazine as a “newpreneur.”

Definition: a new breed of entrepreneur who is using the recession and poor economic conditions as a
catalyst to start a business and develop an idea. Using an innovative approach, emerging technologies,
trusted resources and successful mentors to reinvent and take a business to the next level.

Today’s technology allows businesses to be conducted nationwide, enabling tech driven companies to offer client friendly services with a high degree of volume. That is the business model of Absolute Auto Solutions, LLC. The company focus is to create a national group of lenders that offers a full menu of financial services. AAS will act as a facilitator for vehicle loans and leases, for dealers as well as consumers and commercial clients.

This concept is designed to benefit everyone involved. Dealers will have more finance products to offer, selling more vehicles, consumers will have more and better choices, and banks will only get the loan or lease paper that fits their business model. The lender will also benefit from the AAS system of pre-screened credit, and all documentation reviewed to insure accuracy the first time. Improperly submitted deal packages are a large drain on lenders as to man-hours, and excess phone calls, resulting in high overhead costs.

The auto & auto finance industries has been doing business for decades in the same manner, the process is overdue for modernization. A large percentage of today’s consumers, be it business or personal use, want a quick, informative, in and out process with a variety of clear choices for financing, said Brough.  If you're going to survive in the auto industry today, your method of doing business will have to be creative and fresh, he adds. The typical   A.A.S. client will be from high average to top credit scores. These high credit guidelines will enhance our relationships with our lenders by minimizing the lenders failure rate. We will continually be adding new and creative tools to our arsenal of financial weapons. These are challenging times in a complex  business world, which also offers very lucrative opportunities. "If you jump on the train as one of the innovators, your ride will be much smoother" laughs Brough. 

William Brough, the founder and company President is a 35year veteran of the vehicle leasing and financial services industry.  Absolute Auto Solutions will offer financing for all makes and models of new and used cars, trucks, and specialty vehicles. Vehicles such as motorcycles, R.V.’s, boats, electric vehicles, specialty work trucks, mobility vans for the handicapped, buses, high end horse trailers, taxi cabs,ambulances, and Mobil business vehicles. The company will also market “special” programs designed especially for Teachers, Physicians, Medical Staff, Attorneys, Accountants, Plumbers, Electricians, Dentists, Eye Doctors, Realtors,Veterinarians and Senior Citizens.  With the manufacturers and the banking industry having financial issues, this is a perfect time to reinvent vehicle finance. "Americans will continue to purchase new and used vehicles, both commercially and personally, someone will arrange the method in which they pay for them, that is where we come in, " comments Brough. Bringing together clients, lenders and dealers coast to coast, offering a large volume of solid financial solutions, everybody wins. AAS has implemented the most high tech equipment on the market today, making every man hour count.

"We can literally conduct business from anyplace in the country, providing staff members the ability to accommodate clients from all time zones during their normal business hours" Brough reports. “This certainly isn’t a “cure-all” for the industry, but  A.A.S. should add a “new age” concept to some badly needed change. For the many dealers and lending institutions that already understand the need for change; things will only get better, for those who continue using slow antiquated systems and procedures the next few years will not be so pleasant. I guess the quote of the day should be, “Never forget the basics, think outside the box, be fresh, and don’t be afraid of change.”

The company web site www.aasfinance.com (currently under construction) will detail all contact methods as well as products offered.