XpressCredit Partners With Allied Solutions to Increase Access to Powersports Loan Apps
A new partnership between XpressCredit, a Web-based credit aggregation system, and Allied Solutions, a provider of insurance, lending and marketing products to financial institutions, will bring loan applications from more than 400 powersports dealers to Allied’s more than 3,700 financial institutions.
NORTH
SYRACUSE, N.Y. — A new partnership between XpressCredit, a Web-based credit
aggregation system, and Allied Solutions, a provider of insurance, lending and
marketing products to financial institutions, will bring loan applications from
more than 400 powersports dealers to Allied’s more than 3,700 financial
institutions.
"We are excited to build upon our relationship with Allied Solutions. XpressCredit is proud to be a leading driver in the powersport industry and to grow our successful relationship with Allied," Mark Louer, executive vice president of XpressCredit, commented.
XpressCredit automates and accelerates the indirect financing process between powersports dealers and lenders by providing dealers with the technology to pass filtered credit applications to multiple lenders. With this process, Allied Solution’s financial institutions will have the opportunity to receive loan applications that meet their underwriting parameters.
As participating finance sources on the XpressCredit platform, the Allied Solution’s financial institutions will gain immediate access to franchised powersports dealers located within their footprint.
"With today’s market conditions the timing could not be better to introduce this new indirect lending offering to our financial institution clients. They will now have an opportunity to take advantage of this growing market segment by leveraging XpressCredit's technology and extensive dealer network to acquire new loans," said Pete Hilger, executive vice president of Allied Solutions.
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