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Centrix Financial Joins DealerTrack

by Staff
January 14, 2003
2 min to read


Centrix Financial, a financial and risk management firm that

supports the special financing auto loan market, announced that it has linked with the

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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

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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

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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

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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

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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

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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

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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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