DealerTrack, Inc., a technology services company
enabling finance transactions between automobile dealers and lenders, announced that Long
Beach Acceptance Corp. (LBAC) has joined its platform. According to DealerTrack, LBAC joins a growing list of lenders
participating in the Web-based DealerTrack platform, which automates the entire dealer-lender
process from financing to daily information sharing.
All LBAC dealer customers who subscribe to DealerTrack, will now be able to use DealerTrack to
submit loan applications, monitor related application status changes and access credit reports, as
well as connect with their other lenders. By participating in DealerTrack, LBAC says it will be able to
reduce time spent processing applications while decreasing errors, for a faster credit decision
turnaround time.
"We are committed to providing our dealer partners alternate channels for their business," stated
Stephen W. Prough, president and chief executive officer of Long Beach Acceptance Corp.
"DealerTrack offers lenders and dealers an independent platform for conducting their finance
transactions quickly and with less expense," said Mark O'Neil, DealerTrack's president and chief
executive officer. "We're thrilled to have Long Beach Acceptance Corp. join our network, and are
certain that this additional financing option will offer continued benefits to our dealer
subscribers. We look forward to a great relationship with Long Beach."
About DealerTrack, Inc.
With over 17,000 dealers and 20 lenders currently connected, DealerTrack is an independent web-based platform that automates and accelerates the entire dealer-to-lender
relationship, from financing to daily information sharing. The DealerTrack platform enables
application processing, credit bureau access, electronic contracting and lease comparisons-all in
one integrated solution. More information on DealerTrack is available at
www.dealertrack.com or by calling 877-357-8725.
About Long Beach Acceptance Corp.
With total serviced assets of $900,000,000, Long Beach Acceptance Corp. says it specializes in providing
automotive financing for its dealer network. The regional offices in Orange, California, Englewood,
Colorado, and Paramus, New Jersey give Long Beach Acceptance Corp. the ability to assist its dealer
network nationwide at all levels of financing needs.
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