KNOXVILLE, Tenn. — ProconGPS revealed the decision this week about how a Las Vegas-based finance company that primarily purchases contracts from buy-here, pay-here dealers chose to use its asset management system.

Company officials indicated they plan to deploy a customized version of LoanPlus GPS for Western Funding. They reiterated LoanPlus GPS is geared to provide programming, Web services, account management support and electronic devices to finance companies and banks.

"We are excited about our alliance with ProconGPS and their LoanPlus GPS device and servicing provided by the lender services division," stated Gary Shannon, vice president of sales and marketing for Western Funding.

"Our partnership with ProconGPS will be a tremendous help in building our presence within the independent dealer marketplace," Shannon asserted.

Jim Giammarco, executive vice president of ProconGPS, also reacted to Western Funding's decision.

"We sincerely appreciate being selected by Western Funding to assist them across the country with our LoanPlus GPS product services," Giammarco noted.

"Western Funding has been a valuable financial resource to dealer for over 48 years, and we are very pleased to help them continue that tradition," he added.