Domestic Bank Signs Agreement with Finance Express Auto Finance Program
RANCHO SANTA MARGARITA, Calif., Feb. 16, 2006 -- Finance Express, which operates the first online auto finance platform specifically designed for the independent dealer, today announced that it has signed an agreement with Domestic Bank to join its online auto finance program. Domestic Bank was founded in 1961 to provide a full line of exceptional services to business and consumers, borrowers and savers.
About Finance Express:
Finance Express provides financing programs for all levels of credit through its relationship with national and regional lenders. It offers an integrated menu of services including credit application processing, credit bureau access, inventory management, electronic contracting, lead generation, dealer management tools and licensed escrow services. It is a comprehensive program that provides auto dealers with online access to lenders, credit bureaus, customer leads and a full range of dealer management services in a single seamless solution. At the same time, it is the only solution available that provides auto lenders with the assured safety and security of completing their transactions through a fully licensed escrow company.
About Domestic Bank:
For over 40 years, Domestic Bank has achieved sustained growth annually by honoring a tradition of service, prudent lending and an overall conservative approach to finance. At the same time, they have expanded their services to offer comprehensive programs to meet the complete banking needs of their customers.
Jim Neary, Manager of Auto Finance at Domestic Bank, said, "By joining with Finance Express, it will allow the bank to continue to grow its footprint into additional states more rapidly. We also believe that Finance Express and Escrow.com provide the most safe and secure way for us to expand our current auto finance program into the used car dealer market. We have been interested in offering our services to independent dealers for some time now and this is the first program that really makes sense for us as a lender."
David Huber, President of Finance Express, said, "It's a pleasure to announce the addition of Domestic Bank to our growing group of lenders. As we continue to expand our services, we will continue to add quality lenders such as Domestic Bank, who understand the value and the advantages of the Finance Express program."
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