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DealerTrack, Inc. on Oct. 20 announced that Charter One Auto Finance has joined the growing list of indirect auto financing sources participating on the DealerTrack™ platform.
Dealer customers of Charter One are now able to access the company's financing programs on DealerTrack 24 hours a day, seven days a week.
Through the platform, these dealers can submit credit applications to Charter One and monitor their real-time status. They can request credit reports and connect with additional financing sources on the platform, as well as integrate information from the DealerTrack platform with leading dealer management systems.
"Charter One Auto Finance believes in the importance of automating the processes associated with automotive finance," said Mike Holloway, president of Charter One Auto Finance. "DealerTrack has proven its value in this area, and we look forward to leveraging the platform to drive greater efficiencies and
cost savings both for our business and that of our dealers."
"We're very pleased to welcome another of the nation's top financial services institutions to the DealerTrack platform," said Mark O'Neil, DealerTrack president and CEO. "We look forward to supporting Charter One as it continues to enhance its service to, and relationships with, its dealer customers."
About DealerTrack, Inc.
With more than 21,000 dealers and more than 45 financing sources currently connected, DealerTrack is an independent Web-based platform
designed to automate and accelerate the entire automotive financing process.
The DealerTrack suite of products includes credit application processing, credit report access, electronic contracting and lease comparisons - all in one integrated solution. Additionally, the DealerTrack platform features
integration with top dealer management systems for credit application processing and credit report access.
More information on DealerTrack is available
at www.dealertrack.com or by calling (877) 357-8725.
About Charter One
Charter One Auto Finance is the auto finance subsidiary of Charter One Bank. Charter One Bank has $44 billion in total assets, making it one of the 25 largest bank holding companies in the country.
The Bank has more than 550 banking center locations in Ohio, Michigan, New York, Illinois,
Massachusetts, Pennsylvania, Vermont, and Connecticut. It entered Indiana in August 2003.
The company's products include consumer
banking, indirect auto finance, commercial leasing, business lending, commercial real estate lending, mortgage banking, and retail investment products.
For more information, visit www.charterone.com.
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