LAKE SUCCESS, N.Y. -- DealerTrack Holdings Inc. has processed more than 100 million credit applications on its platform. It connects more than 21,000 dealers with over 200 financing sources and streamlines the sales and finance process for dealers and finance sources.

Overall volume of transactions processed in the DealerTrack network in 2005 grew more than 54 percent over 2004, and includes credit applications, credit bureaus and loans processed through DealerTrack’s e-contracting solution.

"In 2001, we launched the DealerTrack network to transform the process of submitting credit applications by utilizing the Internet," said Vince Passione, president of DealerTrack. "Just five years later, we have not only surpassed the mark of 100 million credit applications processed, but more importantly, we have evolved into a comprehensive end-to-end sales and finance solution for the automotive retail industry."

The DealerTrack platform supports the stages of a deal from lead acquisition and desking to e-contracting and the presentation of aftermarket services and products. DealerTrack offers these capabilities as subscription products within the platform, providing an integrated workflow that reduces duplicate data entry and eliminates the need to access multiple systems. Using a consistent deal process, facilitated by DealerTrack’s subscription products, can also help dealers become more compliant.