TORONTO, June 25 /CNW/ -- RouteOne Canada today announced that Scotia
Dealer Advantage, a wholly owned subsidiary of Scotiabank, has joined its
web-based credit application management system.
Scotia Dealer Advantage will provide Canadian dealers with non-prime
lending solutions on the RouteOne Canada platform. With the addition of Scotia
Dealer Advantage, RouteOne Canada offers dealers the most comprehensive choice
of captive and non-captive finance sources in Canada.
"The addition of Scotia Dealer Advantage to the RouteOne Canada platform
expands the lending spectrum available to our dealer customers," said Barry
McMillan, President, RouteOne Canada. "Now more than ever, dealers require a
variety of financing alternatives to offer their customers. We are pleased to
strengthen our service offering to dealers through the addition of Scotia
"We at Scotia Dealer Advantage are excited about the opportunity to be
integrated with RouteOne. This strategic partnership will provide greater
accessibility for Canadian auto dealers and consumers to access our financial
solutions, products and services," said Jim Case, CEO, Scotia Dealer
Scotia Dealer Advantage is one of Canada's largest and fastest growing
special finance companies providing automotive financing programs nationwide.
Scotia Dealer Advantage builds partnerships with authorized independent and
franchise automobile dealers to help them grow their businesses and serve
their special finance customers.
Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With close to 69,000 employees, Scotiabank
Group and its affiliates serve approximately 12.8 million customers in some 50
countries around the world. Scotiabank offers a diverse range of products and
services including personal, commercial, and corporate and investment banking.
With more than $513 billion in assets (as at April 30, 2009), Scotiabank
trades on the Toronto (BNS) and New York Exchanges (BNS). For more information
please visit www.scotiabank.com.
RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit
Company, GMAC, and Toyota Financial Services to create a more streamlined
credit application for automobile dealers and their customers. Providing
access to more than 21,500 dealers in North America, RouteOne's web-based
system allows automotive dealers to submit credit applications to the largest
indirect lenders, 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. More information is available at
CONTACT: Michael Gaertner
For further information:
For further information: Michael Gaertner of RouteOne Canada,
+1-905-530-2349 Web Site: http://www.routeone.com