Boosting its workforce worked out nicely for CRIF Select.
CRIF Select, a division of CRIF Lending Solutions and provider of indirect auto finance partner programs, announced on Wednesday that the company surpassed $3.7 billion in funded paper volume for 2017.
Executives highlighted the milestone is the culmination of a year where CRIF Select renewed its commitment to being a dealership-friendly partner, connecting them to finance companies of all sizes across the country.
To strengthen ties with dealerships, CRIF Select increased its team of dealer-focused representatives to 18 fulltime staff members. It also reinvested in its operations by opening a new state-of-the-art office in Denver for its processing and support staff.
CRIF Select specializes in indirect auto finance partner programs. With an expert focus on dealer and market management, CRIF Select supports a client base of more than 3,500 auto dealers and 90 full-service auto lenders.
Client relationship managers and dealer representatives work together with both the finance company and dealer to create efficient and profitable partnerships that drive business for both sides.
Additionally, CRIF Select’s integrated, technology-based solutions make loan approvals faster, more accurate and virtually paperless, can deliver lower costs for institutions and better service for their customers and members.
By connecting finance companies and dealers through portals such as Dealertrack and RouteOne, CRIF Select can eliminate the traditional stress and hassle associated with dealerships finding the best financing offers in their local markets.
“Last year was a very important year for our team as we positioned ourselves to better serve our lender and dealer partners,” CRIF Select president Jeremy Engbrecht said. “Our expansion to new markets such as Georgia and Wisconsin as well as our renewed commitment to innovation has certainly helped us lead the way.”