Rancho Santa Margarita, CA -- Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that it has entered into an agreement with Prestige Financial, one of America's most respected names in specialty auto finance.
"We are excited and proud to team up with Prestige Financial," says Michael Flashner, COO of Finance Express. "As the lending terrain has narrowed over the past few years, dealers need a partner like Prestige, who can offer them flexible, common-sense and consistent credit decisions."
Similarly, Prestige is pleased with the many opportunities presented by this new relationship. "This country is full of strong, independent operators who spend their days helping people to buy affordable and reliable vehicles," observes Prestige COO Bryant Henrie. "Finance Express provides an excellent way for us to support these efforts with robust credit options typically reserved for franchised dealerships."
The joint initiative will go live in more than 20 states this month.
About Finance Express LLC
Finance Express is the leading provider of online services and web-based technology for the independent dealer market including a comprehensive DMS with functions such as dealer inventory management, credit application processing, electronic contracting, links to lending sources, dealer management tools, loan servicing and accounting systems and licensed escrow services. The comprehensive program provides dealers online access to a single, seamless solution and insures a safe and secure environment for participating lenders. For more information about Finance Express, visit their website at: www.fexdms.com
About Prestige
Now in its eighteenth year of operations, Prestige Financial Services, Inc. provides consumer financing solutions for automobile dealerships in 29 states. An affiliate of The Larry H. Miller Group of Companies, Prestige employs nearly 300 credit professionals and support staff to service a wide range of borrower types, and is recognized throughout the industry for its strong portfolio performance and innovative lending programs, including those catering to car buyers with recent and multiple bankruptcy filings. For more information about Prestige Financial, please visit: http://www.GoPFS.com
05/08/12
