Vehicle Acceptance Signs with Finance Express Auto Finance Program
RANCHO SANTA MARGARITA, Calif., June 20 -- 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 Vehicle Acceptance Corporation, to join its online auto finance program. Vehicle Acceptance is a leader in the purchase, cash advance and servicing of Buy-Here-Pay-Here contracts.
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 Vehicle Acceptance Corporation:
Vehicle Acceptance provides independent Buy-Here-Pay-Here dealers immediate cash. The program is called "Cash Advance" and has, as the only condition for funding, their lien along with the dealer on the title. It is simple and reduces the dealer's own cash in each deal. The dealer knows exactly how much can be advanced. The advance is a percentage of future P & I payments. No deal is too small. Funding is within minutes, not days. Advance at any time, swap accounts or release early allowing the dealer to manage his cash and obtain a high gross profit per deal. Credit reporting and an exceptional collection staff included. Founded in 1989, they operate in 18 states thru four regional offices. Jim Neubauer of Vehicle Acceptance said, "Finance Express gives us the needed vehicle to continue our expansion into more states with the confidence we are doing so with quality dealers and our titles will be secure." For additional information on Vehicle Acceptance Corporation, visit http://www.vehicleacceptance.com/.
David Huber, President of Finance Express, said, "We are pleased with the addition of a lender that funds the needs of the independent Buy-Here-Pay-Here dealership community. Our goal is to provide access to lenders in all levels of credit, allowing our dealers the opportunity to approve every customer who walks in the door. Vehicle Acceptance provides a unique product and we believe that the addition of Vehicle Acceptance to Finance Express and Escrow.com offers a competitive advantage to our dealers and an opportunity for them to create significant value from this significant segment of the automobile marketplace."
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.