FARMINGTON HILLS, Mich. — RouteOne recently completed an integration to process credit applications electronically for a North Carolina-based lender.

Dealers who conduct lender services through Regional Acceptance Corp. can now use RouteOne's platform for a reduced fee.

Regional Acceptance is a wholly owned subprime lending subsidiary of BB&T Corp., a financial holding company with assets in excess of $110 billion headquartered in Winston-Salem, N.C. Regional Acceptance manages business operations in six regions with approximately 25 branch offices in 23 states.

"We are extremely pleased to welcome Regional Acceptance Corp. to the RouteOne platform," explained Mike Jurecki, RouteOne's chief executive officer.

"They are a very significant participant in the auto finance industry, and one that is continually requested by our dealer customers. Their national coverage allows us to make the financing process even easier for our dealer users," Jurecki went on to state.

"Further, the reduction of their loan process fees for deals originated on RouteOne demonstrates their commitment to supporting our shared customers' business. We are extremely pleased to have them participating on our platform," he added.

Fred Reherman, senior vice president of Regional Acceptance, echoed a similar sentiment of this new arrangement with RouteOne.

"Our integration with RouteOne greatly expands our ability to service our dealers," Reherman noted.

"We pride ourselves on personalized dealer service and satisfaction, and our integration with RouteOne, where dealers will now enjoy a fee consistent with all other channels, will certainly enhance our servicing capacity," he added.

"We look forward to utilizing RouteOne to assist in strengthening our dealer relationships," Reherman concluded.