Bankers Integration Group Announces State-of-the-Art Online Financing for Auto Dealers and Their Customers
DETROIT, Dec. 1, 2003 -- Bankers Integration Group, a state-of-the-art decisioning engine that approves auto loans in real time, announced that it has added National City Bank, a top-ten automotive finance lender, to its roster of lenders. This alliance will provide faster online auto loans and less paperwork to the 2,900 new- and used-vehicle auto dealers in National City's network.
Bankers Integration Group Vice Chairman Ted Cunningham made the announcement from the BIG marketing office in Detroit.
Bankers Integration Group, which introduced its BIGFNI(TM) software at the National Automobile Dealers Association meeting earlier this year, is being spearheaded by former Ford Motor Company Chairman Harold "Red" Poling and former Executive Vice President of Global Sales and Marketing for DaimlerChrysler, Ted Cunningham. They're part of a group of investors and executives from the auto, banking, finance and insurance industries that are launching the Bankers Integration Group.
Both Cunningham and Greg Jelinek, Executive Vice President, National City Corporation, feel that the alliance is a win-win for auto dealers throughout the Midwest as well as for new-and used-vehicle customers. "The auto financing industry is changing at warp speed, and we had an opportunity to lead, follow or get out of the way -- we chose to lead," said Jelinek. "That's how strongly we feel about the BIGFNI software from Bankers Integration Group."
"The auto financing area is changing every day and we saw an opportunity with BIGFNI to help lead the change for the benefit of the dealers in our network," said Jelinek. "Our dealers look to National City to provide innovative financing solutions and this is one of the best solutions we have been able to offer them to date."
"We are very excited about the addition of National City to our roster of lenders," said Cunningham. "It's just what our advertising touts -- car dealers can now save more time, close more deals and make more money."
The alliance with National City will allow Bankers Integration Group's software, BIGFNI, to enable auto dealers to process and National City to decision, lending applications for consumers in real time and finalize loans in a matter of seconds.
About Bankers Integration Group
Bankers Integration Group is an application service provider whose patent-pending BIGFNI software solution provides a Web-based risk analysis engine that is unique to the auto finance industry. The BIGFNI solution does more than simply automate the finance application process between National City and automobile dealers. It provides a powerful tool for matching loan applications to lender profiles. For more information about Bankers Integration Group, visit the company's Web site at www.BIGFNI.com .
About National City
National City Bank is a banking subsidiary of National City Corporation. National City Corporation , headquartered in Cleveland, Ohio, is one of the nation's largest financial holding companies. The company operates through an extensive distribution network in Ohio, Illinois, Indiana, Kentucky, Michigan and Pennsylvania, and also serves customers in selected markets nationally. Its primary businesses include commercial and retail banking, consumer finance, asset management, mortgage financing and servicing, and payment processing. For more information about National City Corporation, visit the company's Web site at www.NationalCity.com .