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Long Beach Acceptance Corp. Expands DealerTrack Financing Options

by Staff
November 4, 2002
2 min to read


DealerTrack, Inc., a technology services company

enabling finance transactions between automobile dealers and lenders, announced that Long

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Beach Acceptance Corp. (LBAC) has joined its platform. According to DealerTrack, LBAC joins a growing list of lenders

participating in the Web-based DealerTrack platform, which automates the entire dealer-lender

process from financing to daily information sharing.


All LBAC dealer customers who subscribe to DealerTrack, will now be able to use DealerTrack to

submit loan applications, monitor related application status changes and access credit reports, as

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well as connect with their other lenders. By participating in DealerTrack, LBAC says it will be able to

reduce time spent processing applications while decreasing errors, for a faster credit decision

turnaround time.


"We are committed to providing our dealer partners alternate channels for their business," stated

Stephen W. Prough, president and chief executive officer of Long Beach Acceptance Corp.

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"DealerTrack offers lenders and dealers an independent platform for conducting their finance

transactions quickly and with less expense," said Mark O'Neil, DealerTrack's president and chief

executive officer. "We're thrilled to have Long Beach Acceptance Corp. join our network, and are

certain that this additional financing option will offer continued benefits to our dealer

subscribers. We look forward to a great relationship with Long Beach."

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About DealerTrack, Inc.

With over 17,000 dealers and 20 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

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www.dealertrack.com or by calling 877-357-8725.


About Long Beach Acceptance Corp.

With total serviced assets of $900,000,000, Long Beach Acceptance Corp. says it specializes in providing

automotive financing for its dealer network. The regional offices in Orange, California, Englewood,

Colorado, and Paramus, New Jersey give Long Beach Acceptance Corp. the ability to assist its dealer

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network nationwide at all levels of financing needs.




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