RouteOne Partners with XpressCredit
FARMINGTON HILLS, Mich. — RouteOne announced this morning that it will integrate with XpressCredit, a Web-based credit application management system.
The goal of this integration is to allow RouteOne's finance sources to use their existing connections to conduct business with XpressCredit's 400 motorcycle, ATV, snowmobile and personal watercraft dealers, as well as the 2,000 independent auto dealers currently connected to XpressCredit, officials explained.
The integration provides RouteOne's 270-plus non-captive finance sources the ability to receive credit application information from XpressCredit's independent auto and powersports dealers.
Essentially, XpressCredit automates and accelerates the indirect financing process between RouteOne finance sources and their dealers.
Participating finance sources on the RouteOne portal will benefit from increased access and visibility to both their independent auto and powersports' dealer customers with minimal IT costs by leveraging the new connectivity between RouteOne and XpressCredit, executives pointed out.
Moreover, XpressCredit indicated that it delivers finance sources additional dealer relationships at nominal cost, and allows finance sources to only receive applications that meet their specific criteria for approval.
"We are pleased to expand our footprint in the powersports market through our integration with XpressCredit," said Mike Jurecki, chief executive officer of RouteOne.
"Our goal is to provide value-added services to our finance source and dealer customers. This integration will allow finance sources to access their independent and power sports dealers with minimal IT involvement and resource allocation. We are pleased to offer our valued finance source customers the unique service that XpressCredit provides," he continued.
Meanwhile, Paul Gignilliat, president and CEO of XpressCredit, added, "XpressCredit strives to continuously employ innovative means to effectively deploy technology to our dealer base and help them fund more transactions. Integration with RouteOne strengthens our value proposition to our dealers."