Centrix Financial Joins DealerTrack
Centrix Financial, a financial and risk management firm that
supports the special financing auto loan market, announced that it has linked with the
DealerTrack™ auto finance platform. Centrix joins an expanding network of lenders and dealers
using the Web-based DealerTrack platform to accelerate the entire dealer-to-lender relationship,
from financing to daily information sharing.
According to the company, Centrix Financial develops financing programs to support lenders entering the special finance auto
loan market. Its Portfolio Management Program (PMP) provides lenders and dealers access to insured
loans.
The company says that by joining the DealerTrack platform, Centrix will be able to further streamline the auto
financing process for both its lender and dealer customers.
"Centrix Financial is a strong addition to the DealerTrack platform," said Mark O'Neil, DealerTrack
president and chief executive officer. "Its close work with the credit union market expands the
financing options available on the platform, which will be a boom for our existing dealer base as
well as new dealers coming on to the system. We welcome Centrix and look forward to an extremely
fruitful relationship."
"Connecting to DealerTrack will allow us to provide both our lender and dealer clients with a more
rapid financing channel while allowing us to reduce cost." said Robert Sutton, CEO & chairman of
Centrix Financial. "DealerTrack's established dealer base allows us to efficiently reach our
dealers and will consequently have a significant and positive impact on our presence in the
market."
About DealerTrack, Inc.
With over 18,000 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 Centrix Financial
Centrix Financial, a financial and risk management firm founded in 1990, specializes in developing
and providing financial programs that they say enable financial institutions to safely,
profitably and conveniently enter the special financing auto loan market. In 1998, Centrix
introduced its patent-pending Portfolio Management Program (PMP), which includes securitization on
a loan-by-loan basis and a large pool of funding capital from a network of participating financial
institutions. Centrix, a Denver-based company,
offers its services nationwide. Additional information about Centrix Financial can be found at
www.centrixfinancial.com or by calling 877-236-7679.
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