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SAFCo Joins Finance Express Auto Finance Program

July 18, 2006

RANCHO SANTA MARGARITA, Calif. -- Finance Express announced that it has signed an agreement with SAFCo (the Southern Auto Finance Co.) to join its online auto finance program.

SAFCo specializes in hard-to-finance transactions and provides its dealer partners with programs and marketing resources that enable them to complete transactions with the broadest possible universe of automotive customers.

Finance Express, which operates the first online auto finance platform specifically designed for the independent dealer, provides a web-based interface that integrates a full range of financial services, including credit application processing, credit bureau access, electronic contracting and escrow services.

"These are tools that independent dealers genuinely need to perform more effectively," said George Fussell, president and CEO of SAFCo. "Because both SAFCo and Finance Express are committed to delivering practical, effective programs that allow independent dealers to strengthen their performance, we're confident that this relationship will allow us each to maximize our potential benefit to literally thousands of dealerships. It means that potentially tens and tens of thousands of sub-prime customers can expect to receive the credit they're due."

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