12.07.2010

Finance Express has added Tidewater Motor Credit to their Lender Portal

RANCHO SANTA MARGARITA, CA, December 7, 2010 – -- Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that they have entered into a partnership with Tidewater Motor Credit, a leading indirect sub-prime automotive finance company.

"Since the down turn of the economy, dealers need lenders more than ever right now, so we are proud to have Tidewater in our growing group of lenders that we can offer to our dealer base, says David Huber President of Finance Express.

"The relationship with Finance Express aligns with TMC's vision statement for excellence in technology and will further enhance Tidewater Motor Credit's ability to service the independent dealerships within our existing network while expanding our services to new dealerships going forward." says Billy Fuller, VP & General Manager of TMC.

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.financeexpress.com

Tidewater Motor Credit (TMC), located in Virginia Beach, VA, has been purchasing retail installment contracts from both franchised and independent automobile dealerships across the United States since 1995. Since inception, TMC has sought to be a lender of choice by establishing long standing relationships with many national automotive groups. TMC was recently ranked first among companies specializing in Open Chapter 7 Bankruptcy. By applying a common sense approach to each application, TMC has the unique ability to price and purchase contracts other companies might otherwise overlook. TMC currently has relationships with dealerships in 25 states with plans to expand their dealer network in 2011. For additional information please visit our website: www.TidewaterMotor.com

CONTACT:
Tara Huber
Finance Express
309-531-4946
thuber@financeexpress.com