Finance Express Rebrands Software Suite
The technology provider has adopted the FEX DMS name for its suite of software tools for independent dealers.
RANCHO SANTA MARGARITA, Calif. — Finance Express has a new name for its suite of software tools for independent dealers. Called the FEX DMS, the rebranding is based on terminology the company’s clients and employees have used for years to describe its product line.
The rebranding also represents the company’s efforts over the last few years to broaden its footprint in the independent dealer market.
"We are rebranding our suite of products to better reflect our long term commitment to providing dealer management solutions," says David Huber, CEO and President of Finance Express.
At its outset, the Finance Express technology was launched as a lender portal. Since that time, through acquisitions, system development, and integrated partnerships, the company has evolved into a major player in the dealer management solutions space.
"We see the FEX DMS as the core technology of a dealer's operations," said JeffMcCurry, vice president of development for Finance Express. "Our primary responsibility is to enable the dealer to use best of breed technologies through integration."
More Auto Finance
Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
Read More →
Mind Your Process
Consistent steps taken in various aspects of the F&I office can make valuable differences over time, similar to an outline for a best-selling book.
Read More →
Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →