HAUPPAUGE, N.Y. –

GrooveCar, a national vehicle-buying resource for credit unions, recently indicated that GrooveCar’s AppTrac System will now connect to the Dealertrack Credit Application Network.

According to GrooveCar, the Dealertrack Network will also be an integral part of GrooveCar’s future nationwide expansion plans.

Through the expanded process, credit unions using GrooveCar will receive credit applications in their AppTrac System and will be able to send loan decisions back to dealers through the Dealertrack Network, helping to streamline the credit application and loan workflow for credit unions and their dealers who use Dealertrack.

Initially, the Dealertrack Credit Application Network will be available for activation by New York- and California-based credit unions, and access to the Dealertrack Credit Application Network can be purchased as part of the national roll-out of GrooveCar’s service offerings later this year.

GrooveCar chief executive officer David Jacobson explained that his “credit union-centric” company was established to strengthen the relationship between automotive dealers and credit union lenders through the use of technology.

“We always came back to the fact that we have long been an innovator in the credit union loan origination arena,” Jacobson said. “Our teaming with Dealertrack, the national leader in automotive financing technology and services, was a natural partner that will benefit all parties.”

Michael Collins, vice president of F&I solutions for Dealertrack, also cheered the collaboration.

“We are committed to supporting credit unions with business-enhancing technology integrations. Integrations, like this one with Groovecar, will help create even greater workflow efficiencies for credit unions and deliver loan decisions back to dealerships faster, resulting in an improved overall customer experience,” Collins said.