IRVINE, Calif. — Wells Fargo Dealer Services announced today the opening of its 56th Regional Business Center (RBC). The new RBC is in Cherry Hill, N.J., and will serve approximately 150 existing auto dealerships in the region.

Bank officials said the new office reflects Wells Fargo Dealer Services’ continued commitment to providing localized service to the dealership community through a team of in-market auto finance experts who understand the communities they serve.

According to AutoCount, Wells Fargo Dealer Service is New Jersey’s No. 1 used-car finance source and No. 2 auto lender overall (excluding leases). It offers regional offices nationwide that provide access to integrated financial solutions for the dealer community, including indirect auto financing, real estate and floorplan financing with access to commercial banking services to help dealers operate more efficiently. The new Cherry Hill office is the first of two new offices the company plans to open in 2015.

“Cherry Hill reflects our ongoing commitment to being in the markets with the dealers we serve, meeting their needs and those of their customers,” said Dawn Martin Harp, head of Wells Fargo Dealer Services. “Through our 56 regional offices, we can provide market-specific expertise that allows us to stay close to local economic trends and make decisions that are good for our dealer customers, consumers and Wells Fargo.”

Originally posted on F&I and Showroom