Another Lender Joins DealerTrack
World Omni Financial Corp. (World Omni), announced that it
has joined the DealerTrack™ auto finance platform. World Omni currently serves Toyota dealers located in
Alabama, Florida, Georgia, and North and South Carolina.
According to the company, all World Omni dealer customers will now be able to use the DealerTrack platform to submit sales
finance and lease applications to World Omni and monitor related application status changes.
DealerTrack also allows dealers to access low-cost credit reports, to connect with additional
lenders, and to process contracts electronically. The company says participation in DealerTrack reduces the time
spent manually processing applications while decreasing the potential for input errors.
"World Omni Financial Corp. saw DealerTrack as an effective way to enhance its relationship with
its dealers," said President, Brent Burns. "DealerTrack was already doing business with many of our
dealer customers and allowed us to quickly reap the benefits by reducing application decisioning
time, which improves productivity and lowers cost for both us and our dealers."
"World Omni joins a growing list of lenders active on the DealerTrack platform," said Mark O'Neil,
president and chief executive officer of DealerTrack, Inc. "Based on the immensely positive
feedback we have received from our lender participants, we believe that both World Omni and its
customers will see an immediate benefit from linking with DealerTrack."
About DealerTrack
With over 19,000 dealers and 23 lenders currently connected, DealerTrack is an independent web-based platform that automates and accelerates the entire dealer-to-lender
relationship, from financing to daily information sharing. The DealerTrack platform enables
application processing, credit bureau access, electronic contracting and lease comparisons-all in
one integrated solution. More information on DealerTrack is available at
www.dealertrack.com or by calling 877-357-8725.
About World Omni Financial Corp.
World Omni Financial Corp. (www.worldomni.com) is headquartered in Deerfield Beach, FL, and is one
of the largest automotive finance companies in the nation. In addition to a portfolio of
competitive consumer motor vehicle sales financing and leasing, World Omni says it provides auto
dealerships with the financial services necessary to grow their businesses through loans for
dealerships' floor planning and to finance various automotive endeavors such as vehicle inventory,
loans for capital improvements, expansion and new acquisitions. World Omni is a subsidiary of diversified automotive company JM Family Enterprises, Inc.
(www.jmfamily.com).
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