FARMINGTON HILLS, Mich. — RouteOne recently announced that Bank of the West, a high-performance, full-service regional financial services company, has joined the growing roster of finance sources on its Web-based credit application management system. The bank caters to customers in the West and Midwest. Moreover, it holds $58.4 billion in assets, operates more than 700 […] [Read More]

LOS ANGELES — Westlake Financial Services announced a new president this week as Bruce Newmark departed the company. Taking on the responsibilities is Don Hankey, chairman of the board.  In related news, Westlake said it has also added two executives — Michael Pavlin as senior vice president of operations and Chad Johnson as vice president of collections, […] [Read More]

LITTLETON, Colo. — PassTime USA recently announced two new partnerships designed to add more services to the company's repertoire. To kick off the announcements, PassTime said it has teamed up with Summit Funding Group, a Cincinnati-based leasing and financing company.  Thanks to the partnership, PassTime said it will offer leasing options to customers through Summit, describing […] [Read More]

SCOTTSDALE, Ariz. — The Automotive Dealership Institute has added a new associate professor that is a well-known F&I trainer and consultant in the industry. In a new partnership, Rebecca Chernek, president of Chernek Consulting, has agreed to offer classes to help ADI's students stay up-to-date on the latest developments in the F&I industry. Based in Cumming, […] [Read More]

NORTH HOLLYWOOD, Calif. — 2Loan4Less.com is a newly launched free online service which consumers can use to shop for new and used car loans. By offering the ability to compare rates and terms offered by a network of lenders, consumers will always have the chance to receive the best loan for their needs, according to executives. […] [Read More]

BATON ROUGE, La. — AppOne, which is now a subsidiary of Wolters Kluwer Financial Services, announced late last week that Universal Special Auto Finance has joined its network of lenders. Through AppOne, Universal Special Auto Finance has the opportunity to expand its independent dealership customer base while continuing to provide financing alternatives to credit-challenged customers, officials […] [Read More]

CLEARWATER, Fla. — CIQ/Voisys, an 800 and Internet-based lead generation system serving the automotive non-prime, prime and lease markets, recently announced the release of a Virtual BDC to enhance its Internet Finance Leads Program. According to officials, the new tool guarantees immediate follow-up of all Voisys Internet finance leads. Virtual BDC is designed to help auto […] [Read More]

YORBA LINDA, Calif. — Flex Fund Financial Services recently announced that it has entered into an operating agreement with Copart. Through the agreement, Flex Fund is partnering with Copart to offer used-car floor planning services for Copart's customers, which include licensed dismantlers, rebuilders and used-vehicle dealers. With this deal, Copart will now accept Flex Fund's used-car […] [Read More]

MURRIETA, Calif. — Sekurus, which manufacturers ON TIME and other leading auto asset protections, management and tracking systems, recently announced that its headquarters has been relocated to larger California-based offices. Officials said the move was due to continuing growth and expansion of the company.  Previously headquartered in Temecula, Calif., the company's new home base is […] [Read More]

COSTA MESA, Calif. — Experian recently announced that beginning Nov. 1, it will offer consumers in all 50 states, including Washington, D.C., and U.S. territories the ability to freeze their credit reports. If a consumer opts for the freeze, it could complicate the ability for financial institutions and dealers to check credit reports. Basically, the freeze […] [Read More]