SYRACUSE, N.Y. — XpressCredit announced recently that it has formed a partnership with East Coast Funding Group, an auto lender based out of Great Neck, N.Y.

As part of their relationship, East Coast Funding can utilize XpressCredit's patent-pending technology — including the Credit Aggregation System and the Loan Origination System — while dealers on the XpressCredit platform can access East Coast Funding as a lending source.

"We're excited to have this N.Y. lender utilizing our technology to streamline their back-end processes," stated Mark Louer, XpressCredit's executive vice president.

"The features and functionality of our platform gives East Coast Funding Group the ability to finance more loans and create additional revenue with less expense," he continued.

Mike Danzi, president of East Coast Funding, added: "The XpressCredit platform has been a great tool for opening up additional markets for us and thereby enhancing our profitability.

"With their responsive technology team, hard filtering processes and auto-decision technology this was an easy choice to make," Danzi concluded.