MCLEAN, Va. — E-Credit Express announced today it is integrating NADA Used Car Guide values into its lender management platform to speed up the used-vehicle sale and loan approval process for dealers and finance sources.
The integration of NADA Used Car Guide’s values into the ECE platform, according to the company, will streamline the dealer sales process and make all vehicle value information available to lenders through the platform’s credit application feature.
"We are proud the industry's most trusted vehicle values will be used in the E-Credit Express platform. Auto dealers will no longer have to go outside of the platform to include vital pricing information for lender approval. This ultimately makes for a faster sales process benefitting the customer,” said Mike Stanton, vice president and general manager of NADA Used Car Guide.
E-Credit Express is an online, fully automated credit decision tool for auto finance sources and dealers. The patented platform is designed to connect dealers and their customers with banks and other finance sources across the country for quick and easy financing approval online. The system also automatically filters and scores customer credit, processes vehicle values, and performs VIN checks and electronically signs and instantly contracts the deal simultaneously.
"Our lender management platform connects customers to bank and lenders instantly," said Paul Pawlusiak, president of E-Credit Express. "With the values integrated by NADA Used Car Guide, lenders will be able to make quick, easy, 24/7 loan decisions in five minutes or less."
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Originally posted on F&I and Showroom