ORLANDO, Fla. — Accelerated payment service provider US Equity Advantage has expanded its dealer services team to meet growing demand nationwide from it dealership partners, the company announced.
“Dealer demand for a solution to extended loan terms and rising interest rates, plus the ability to put customers in a positive equity position sooner for vehicle trade-in, has resulted in immense growth for USEA and our AutoPayPlus F&I service,” said Robert Steenbergh, CEO of US Equity Advantage.
David Duran is the dealer relations manager for USEA’s Southeast region, encompassing 10 states, and has nine years of experience in the automotive industry in positions ranging from internet sales director to finance manager.
David Newmark is the dealer relations manager for USEA’s 12-state Midwest-Atlantic region. Newmark has more than five years of experience in the automotive industry, first on the sales floor, and most recently, as an F&I manager.
Christopher Reichel is the dealer relations manager for USEA’s West region, encompassing eight states. Reichel’s five years of experience include retail sales, wholesale auto brokering, and owning his own detailing business.
Jeffrey S. Towne is the dealer relations manager for the six states in USEA’s New England region. He has 13 years of automotive industry experience, with the majority spent on the sales floor for various vehicle brands; most recently, he worked as finance manager for a Southern New Hampshire Land Rover dealership.
In addition, Johnnie Jackson has joined USEA’s Dealer Relations Manager team as sales support coordinator. Jackson has 15 years of sales support experience in the security and publishing sectors in addition to the automotive industry.
Executives said the company realized a 50% increase in business in 2018 and is on pace for a 57% growth rate for 2019.
“Expansion of our sales and dealer services team is imperative for USEA to continue to provide the level of support our dealership partners have come to expect,” said Rick Christopher, USEA’s national sales manager.