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M&A / Property

The FUTR Corporation Enters Into National Channel Partnership with Tax Max, Expanding Auto Dealer Reach Across the U.S.

FTRC · Price

Executive Summary

  • FUTR Corporation entered a multi‑year exclusive channel partnership with Tax Max to roll out its bi‑weekly auto loan payment solution across Tax Max’s network of hundreds of U.S. automotive dealerships.
  • The agreement expands FUTR’s dealership footprint by roughly 400%, providing immediate access to a national dealer base and positioning the company for further rollout of additional FUTR services.
  • The partnership is structured as a 36‑month term with options to extend, aligning with FUTR’s strategy to scale its AI‑enabled payments platform in high‑value enterprise finance channels.

Key Details

  • Parties: FUTR Corporation (TSXV: FTRC / OTCQB: FTRCF) and Tax Max (U.S. tax and financial services provider for automotive dealers).
  • Agreement Scope: Tax Max will serve as FUTR’s exclusive channel partner for vehicle payment‑plan products within its dealer network.
  • Product Offering: FUTR Payments’ bi‑weekly auto loan payment program, which splits standard monthly payments into smaller, automated installments on a customizable schedule.
  • Network Expansion: Approximate 400% increase in dealership coverage, adding hundreds of new dealers nationwide.
  • Term: Initial 36‑month period with potential for expansion as FUTR broadens dealer, lender, and embedded‑finance integrations.
  • Strategic Rationale: Enhances consumer budget management, reduces dealer delinquencies, improves customer satisfaction, and supports FUTR’s compliance‑first, privacy‑focused approach.
  • Technology Highlights: AI‑enabled infrastructure automates payment processing, document workflow, real‑time reporting; funds held in an FDIC‑insured custodial account; full disclosures and transparent pricing for consumers.
  • Leadership Comments:
  • Alex McDougall, President of FUTR, emphasized the partnership as a “key advancement” in scaling FUTR Payments across high‑value enterprise finance channels.
  • Bill Neylan, CEO of Tax Max, highlighted the mutual benefits for dealers and consumers in reducing delinquency and improving satisfaction.

Notable Quotes

  • Alex McDougall (President, FUTR): “This partnership signifies a key advancement in our strategy to expand FUTR Payments across high‑value enterprise finance channels… enabling dealers to strengthen customer relationships while giving consumers greater control and flexibility over their vehicle payments.”
  • Bill Neylan (CEO, Tax Max): “FUTR Payments offers a simple, transparent way for drivers to stay current on their loans while providing dealers with a proven tool to reduce delinquency and improve satisfaction. It’s a mutually beneficial partnership built for scale.”
Read the original news release →

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