PASADENA, Calif. — Chase Auto Finance recently announced it has opened a new Custom Finance Business Center to meet the subprime financing needs of Los Angeles area dealers.

Throughout California, Chase provides a full spectrum of services to dealers through its Prime Business Center in San Diego and its Subprime Business Centers in Riverside, Irvine, San Diego, Sacramento and now Pasadena, executives highlighted.

Gerry Quinn will manage the new subprime office at 199 S. Robles Avenue, Suite 620, Pasadena. Executives said Quinn and his team have more than 60 years of combined experience in auto finance. Cynthia Anderson will serve as the office's dealer relationship manager.

"We are excited about expanding our presence in Southern California, offering more localized customer service and making it even easier for our dealers and ultimately consumers to access our subprime financing solutions," said Bill Jensen, Chase Custom Finance executive.

In a recent interview with SubPrime Auto Finance News, Jensen said his company is planning to continue its expansion of subprime services, projecting that 40 branches will be open for dealers by the end of 2007.

For more on this interview, please see the inaugural edition of SubPrime Auto Finance News, which hit mailboxes around Oct. 9.