"The Finance Express platform creates profit opportunities for
independent dealers while increasing dealership compliance at the same time; I
am proud to be a part of this dynamic opportunity."
Keith Whann
Principal, Whann & Associates
General Counsel, NIADA
"Finance Express is the best platform I've seen for integrating buy here pay here
and special finance together. It can be a total capital solution."
Kenneth B. Shilson, CPA
President, Subprime Analytics
Principle, Shilson, Goldberg, Cheung & Associates, LLP
Founder and President, National Alliance of Buy Here Pay Here Dealers
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OAG INDIRECT SIGNS AGREEMENT WITH FINANCE EXPRESS
RANCHO SANTA MARGARITA, CA, September 2, 2008 . Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, today announced that OAG Indirect has entered an agreement to join the Finance Express web-based Dealer Management System. OAG Indirect offers retail financing through a network of Credit Unions in 48 of the United States.
In Response to the Agreement with OAG Indirect, Dave Huber, President of Finance Express offers the following. "In the midst of an uncertain market, where Lenders are scaling back programs, deactivating dealers or simply going out of business, Finance Express has succeeded in increasing profits and dealer loyalty. We have achieved this by enhancing and developing our ancillary products within the Finance Express Dealer Management System. Over the past several months we have introduced an exclusive and powerful lead program, integrated Route 66 Vehicle Service Contracts, expanded our Dealer Web-site products and added Manheim Market Reports to our existing vehicle valuation services. In addition, because we know the tools are only useful if our dealers know how to use them, we have created a comprehensive web-based Dealer Training Center. Dealers have the opportunity to participate in nearly a dozen different "Live" courses from "Understanding Sub-prime Finance" to "Selling Techniques for Extended Service Contracts", all free of charge to Finance Express dealers. "
David Huber adds, "Finance Express also continues to research and explore new lending sources and programs and this exclusive agreement with OAG serves as a gratifying reward for those efforts. Credit Unions have established themselves as the model of stability in the lending world. We are very excited to bring OAG's powerful network of credit unions exclusively to our Finance Express Dealers."
Jared Kasper, President and CEO of OAG Indirect states, "The Finance Express platform is a great fit for our ongoing expansion and an obvious choice for OAG Indirect to deliver its cutting-edge finance products nationwide. We are excited about the relationship and look forward to reaching out to Finance Express dealers."
About Finance Express
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.
About OAG Indirect
OAG Indirect is a leader in full-spectrum Credit Union based indirect lending programs for franchise and independent dealers. Offering instant credit decisions and underwriting tools on a wide variety of credit profiles, OAG Indirect gives dealers the ability to deliver more vehicles on the spot without the funding delays and processes of traditional indirect lending. Based in Tulsa, Oklahoma, the OAG Indirect support staff has extensive dealership experience, which provides professional and superior service on demand.
Website address: www.oagindirect.com
CONTACT:
David L. Huber
Finance Express
949.635.5892
dhuber@financeexpress.com
Jared Kasper
OAG Indirect
918.622.0056
jkasper@oagindirect.com
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