LEXINGTON, KY — Dealers’ Financial Services LLC (DFS) announced its integration with RouteOne LLC’s credit application management system.
"DFS is pleased to become a part of the RouteOne network of finance sources. This relationship will provide numerous benefits to our dealership customers nationwide," said Sherri L. Helmond, senior vice president at DFS.
Through the DFS and RouteOne integration, MILES Certified Dealerships will be able to use RouteOne for application submission to the MILES Program, which offers automated
and immediate loan approvals.
"A large majority of our certified dealer base are currently active with RouteOne. This partnership will increase the accessibility and utilization of the MILES Program which brings excitement to both us and our dealership customers," said Steve Hoback, senior vice president at DFS.
MILES (Military Installment Loan and Educational Services) is a program created by DFS in 2001 to assist active duty military personnel with obtaining a quality vehicle and financing from a national bank.
"We are pleased and proud to offer the services of DFS to our dealer customers," said RouteOne CEO Mike Jurecki. "We are excited to enter into this market, which is previously untapped by RouteOne. We believe this integration will provide excellent
benefits to our service men and women, and we are happy to serve them in this capacity."
RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in
North America, RouteOne’s web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports and increase profitability with RouteOne’s free Dealer Reporting Suite.