NetBank Dealer Financial Services Now Fully Integrated with RouteOne
Lender is first to connect to RouteOne through First American CMSI's Origenate(R) Express
FARMINGTON HILLS, Mich., April 5 -- RouteOne LLC announced today that NetBank Dealer Financial Services, a division of NetBank (http://www.netbank.com/), is a fully integrated finance source on the RouteOne credit application management system. NetBank completed its test pilot successfully and is now available to more than 500 dealers who have an existing relationship with the bank.
NetBank is the first lender to connect to RouteOne through First American CMSI's Origenate (R) product. Origenate is a complete loan processing software system that automates the entire workflow from origination to completion, allowing dealers to receive loan application data electronically from RouteOne, import credit bureau data on applicants, decision the application, and generate required paperwork.
RouteOne, a collaborative effort by DaimlerChrysler Financial Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne's web-based system offers dealers the opportunity to exchange credit application and credit decisions in near real time.
"NetBank is a welcome addition to the RouteOne system," said RouteOne CEO Mike Jurecki. "Their business approach, much like ours, reflects their commitment to the technology and services that will make the auto financing process much easier for dealers."
About RouteOne
RouteOne was formed in 2002 to create a more streamlined credit application process for automobile dealers and their customers. Jointly owned by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, RouteOne also provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne offers dealers a common platform for submitting credit application information to the multiple finance sources with which they do business. Automotive dealers and their finance sources can exchange credit application and credit decisions in near real-time using RouteOne's web-based network. More information is available at http://www.routeone.com/.