MARKHAM, ON, Jan. 7, 2016 /CNW/ - RouteOne Canada is pleased to announce that Carfinco Inc. has joined its auto financing portal. Participating dealers who have a relationship with Carfinco can now process credit applications and finance contracts through RouteOne.
Carfinco joins a growing network of finance sources that provide indirect lending across the country on the RouteOne platform. Carfinco provides financing options that allow dealers to offer credit solutions to non-prime customers.
"We strive to bring our customers best-in-class solutions, with a wide range of flexibility, that meet varying levels of needs," said Barry McMillan, RouteOne Canada President. "Adding Carfinco as an available finance source on RouteOne helps reinforce that goal with the range of financing options they provide to our dealers."
"Carfinco continues to focus on improving customer access to our financing options. Joining RouteOne's portal means we have taken a significant step forward in meeting this objective. At the same time, Carfinco will better serve a large portion of our existing dealer network, and will be able to service new dealers," said Mr. Tracy Graf, Carfinco Inc. President. "We are excited to partner with RouteOne and look forward to working with such a technologically dynamic company."
RouteOne LLC was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to thousands of dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect finance sources, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety of best-in-class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. RouteOne Canada is affiliated with RouteOne LLC. More information is available at www.routeone.com.
About Carfinco Inc.
Carfinco Inc. focuses on providing consumer car loans to borrowers unable to obtain financing through traditional lending sources. A network of select independent and franchise dealerships in all ten Canadian provinces offer Carfinco's payment plan to their customers. More information is available at www.carfinco.com.
SOURCE RouteOne Canada Corp
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