SYRACUSE, N.Y. — XpressCredit announced last week a partnership with East Coast Funding Group, which will allow dealers on the XpressCredit platform to access the Great Neck, N.Y., finance company for consumer loans.
In addition, the Great Neck, N.Y.-based East Coast Funding has adopted XpressCredit’s patent-pending technology, including their Credit Aggregation System (CAS) as well as their Loan Origination System (LOS).
“We’re excited to have this New York lender utilizing our technology to streamline their backend processes. The features and functionality of our platform gives East Coast Funding Group the ability to finance more loans and create additional revenue with less expense,” said XpressCredit executive vice president, Mark Louer.
Mike Danzi, president of East Coast Funding Group said, “The XpressCredit platform has been a great tool for opening up additional markets for us and thereby enhancing our profitability. With their responsive technology team, hard filtering processes and auto-decision technology this was an easy choice to make.”