FARMINGTON HILLS, Mich. — RouteOne will integrate with XpressCredit, a Web-based credit application management system, and allow RouteOne's finance sources to receive credit application information from XpressCredit's independent auto and powersports dealers.
The integration provides RouteOne's more than 270 non-captive finance sources with the ability to receive credit application information from XpressCredit's 400 motorcycle, ATV, snowmobile and personal watercraft dealers, as well as the 2,000 independent auto dealers connected to it. XpressCredit's indirect lending platform will automate and accelerate the financing process between RouteOne's finance sources and their dealers.
Participating finance sources on the RouteOne portal will benefit from increased access and visibility to both their independent auto and powersport dealer customers, with minimal IT costs by using the connectivity between RouteOne and XpressCredit. XpressCredit delivers finance sources additional dealer relationships at nominal cost, and allows finance sources to only receive applications that meet their specific criteria for approval.
"We are pleased to expand our footprint in the powersports market through our integration with XpressCredit," said Mike Jurecki, CEO of RouteOne. "Our goal is to provide value-added services to our finance source and dealer customers. This integration will allow finance sources to access their independent and power sports dealers with minimal IT involvement and resource allocation."
"XpressCredit strives to continuously employ innovative means to effectively deploy technology to our dealer base and help them fund more transactions," said Paul Gignilliat, president and CEO of XpressCredit. "Integration with RouteOne strengthens our value proposition to our dealers."