Centrix Financial Joins Credit Online Network Service
Credit Online, Inc., a member of The First American Corporation family of companies, announced Oct. 24 the addition of Centrix Financial, LLC, a financial risk and management firm, to its growing list of lender partners.
Credit Online's technology electronically connects businesses that are credit originators - such as automotive dealers - to credit bureaus and multiple funding sources or "electronic" lenders throughout the United States and Canada via the Internet. The service is available 24 hours a day, seven days a week, expediting the credit application approval process from days to minutes, according to company officials.
"We are very pleased that Centrix Financial has chosen to join our expanding network of lenders throughout North America," said Howard L. Tischler, Credit Online's president and CEO. "The sustained growth of our network continues to validate our solutions as the industry standard for electronic connectivity among lenders and dealers."
"We look forward to bringing the special financing needs of our automotive dealers and financial institutions together through Credit Online's innovative e-commerce service," said Robert E. Sutton, chairman and CEO of Centrix Financial. "Through the Credit Online technology, Centrix will be able to simplify and speed the process of assisting our customers with their special financing needs."
About First American CMSI
Headquartered in Annapolis Junction, MD, First American CMSI has been an end-to-end credit automation solutions provider, including Internet-based online lending and leasing technology, since the company's inception in 1987. The company's e-commerce subsidiary, Credit Online, Inc., credit-enables business-to-business transactions through its Internet gateway and its patented CreditConnection technology, which links credit originators such as automobile dealers and borrowers with leading prime and nonprime lenders. For more information, visit the website at www.cmsinc.com.
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