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Chase Opens New Custom Finance Sales Office in Fort Lauderdale

August 13, 2007

Fort Lauderdale, Fla. — Chase Auto Finance has opened a new custom finance business center in Fort Lauderdale to meet the sub-prime financing needs of auto dealers in Southern Florida.

Joe Rodriguez manages the new office at 3601 Southwest 160th Ave., Miramar. He and his credit team have more than 55 years of combined experience in auto finance. Jonathan Fox is the dealer relationship manager for the office.

Chase Auto Finance provides a full spectrum of services to dealerships in the Southeast through its Custom Business Centers in Georgia, Louisiana and Florida. Chase also operates a combined Prime and Custom Business Center in Tampa.

Chase Auto Finance purchases retail installment contracts and originates loans across the continental United States, Hawaii and Alaska. The Custom Finance division currently operates 38 business centers across the country. Its Dealer Commercial Services division is the largest non-captive floor plan and commercial loan provider for auto dealerships across the nation, with the capability to offer treasury management services, real estate financing and other banking services to automobile dealers.

With its affiliates, Chase Auto Finance is the largest bank provider of U.S. auto financing. Parent company JPMorgan Chase & Co. is a global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The firm deals in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity.

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