MARKHAM, Ontario — CIBC has joined RouteOne Canada’s auto financing portal, the companies announced this week. Participating dealers who have a relationship with CIBC can now process credit applications and finance contracts through RouteOne.
“Our goal is to deliver dealers a product that provides options that best suit their individual business needs,” said Barry McMillan, RouteOne Canada president. “The addition of CIBC confirms our commitment to deliver on this goal and strengthen the value our platform offers.”
The addition of CIBC adds another premier finance source to RouteOne’s network of dealers. It also shows the company’s commitment to providing dealers with finance source choices that cover a broad spectrum of captive, noncaptive, and prime to subprime options.
“CIBC is excited to have joined the RouteOne portal,” said Geoff Weiss, senior vice president of auto lending for CIBC. “This will allow dealerships greater access to our product, ultimately better serving our clients and simplifying the way we do business.”