NASHVILLE, Tenn. -- CheckVelocity recently began partnering with auto finance companies, including buy-here, pay-here dealerships, to facilitate collection procedures. CheckVelocity said it has several programs, including VerifyNow, PayNow and RecoveryNow, which were created to verify a payment is valid once it is given... Read More

McLEAN, Va. -- Capital One Auto Finance's involvement in the auto lender market has expanded throughout the years since the company first entered the business in 1998 with the purchase of subprime lender Summit Acceptance Corp. Not long after first entering the market, Capital One expanded the spectrum it finances... Read More

ADI Introduces Online Classes

SCOTTSDALE, Ariz. — The Automotive Dealers Institute announced it is expanding its traditional classroom to include an online program, which is designed to meet the needs of busy dealership professionals. After two years in development, the program now gives students the option to complete the entire... Read More

ATLANTA -- Manheim Automotive Financial Services recently announced the addition of a satellite office located on the north side of Jacksonville, Fla. MAFS General Manager Kathy Decker said the new location was launched to extend the company's reach into areas where no auction office exists. The new site is sponsored... Read More

Chase Auto Finance Opens New Subprime Center

PASADENA, Calif. -- Chase Auto Finance recently announced it has opened a new Custom Finance Business Center to meet the subprime financing needs of Los Angeles area dealers. Throughout California, Chase provides a full spectrum of services to dealers through its Prime Business Center in San Diego and its Subprime... Read More

BATON ROUGE, La., and FARMINGTON HILLS, Mich. -- While AppOne started discussions with RouteOne about 90 days ago, AppOne's chief executive officer said a deal was only broached seriously about three weeks ago. Independent dealers will benefit from the partnership in several ways, according to AppOne's... Read More

LAS VEGAS -- Representatives from lenders such as HSBC, Credit Union Direct Lending, Westlake Financial and Tidewater  discussed their business practices and shared tips with dealers on developing lender relationships at Leedom and Associates' 11th Annual National Special Finance and Buy-Here, Pay-Here Conference... Read More

BATON ROUGE, La. -- AppOne -- a provider of Internet-based risk mitigation and financial technology to banks, auto finance companies and independent dealers -- announced that it has entered into two alliances to increase aftermarket support for its nationwide dealer base. An alliance with Autosave, a vehicle aftermarket... Read More