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Chase Opens New Custom Finance Sales Office in San Antonio

October 30, 2007

San Antonio, Texas — Chase Auto Finance has opened a new Custom Finance Business Center in San Antonio to meet the subprime financing needs of auto dealers in central and southern Texas.

Hu Hunger will manage the new office at 8522 Broadway Street, #209, San Antonio. He and the center’s credit team have more than 50 years of combined experience in auto finance. Bert Perez is the office’s dealer relationship manager.

“We are excited about expanding our presence in Texas, offering local customer service and making it even easier for our dealers and ultimately consumers to access our sub-prime financing solutions,” said Bill Jensen, Chase Custom Finance executive.

Throughout Texas, the Chase Auto Finance retail and commercial sales teams provide a full spectrum of services to dealerships through a Prime Business Center in Houston and Subprime Business Centers in Dallas-Fort Worth, Houston and now San Antonio. Its Dealer Commercial Services division is the largest non-captive floorplan and commercial loan provider for auto dealerships across the nation and offers treasury management services, real estate financing and other banking services to automobile dealers.

Chase Auto Finance purchases retail installment contracts and originates loans across the continental United States, as well as in Hawaii and Alaska. Its Custom Finance division serves more than 15,000 auto dealers across the country through 38 business centers.

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