Finance Express - Press Releases

Automotive Credit Corporation Joins the Finance Express Auto Finance Program

RANCHO SANTA MARGARITA, CA, Aug 19, 2005 . Finance Express, which operates the first online auto finance platform specifically designed for the independent dealer, today announced that it has signed an agreement with Automotive Credit Corporation (ACC), to join its online auto finance program. ACC is a leading independent automotive finance company and currently serves dealers throughout Michigan, Ohio, Indiana, Kentucky and Tennessee. In addition, ACC will be entering the Illinois market in the 3rd quarter of 2005. Through its program integration with Finance Express, ACC will be able to accelerate and automate the auto finance process for its independent dealers. David Huber, Finance Express President, said, "we're thrilled to have Automotive Credit Corp. join our network, and are certain that this additional financing option will offer continued benefits to our dealer subscribers. We look forward to a great relationship with Automotive Credit Corp".

About Finance Express:

Finance Express provides financing programs for all levels of credit through 36 national and regional lenders. It offers an integrated menu of services including credit application processing, credit bureau access, inventory management, electronic contracting, dealer management tools and licensed escrow services. It is a comprehensive solution that provides auto dealers with online access to lenders, credit bureaus and DMS tools and at the same time, through its fully licensed escrow company, provides auto lenders with a method of completing their transactions safely and securely.

About Automotive Credit Corporation:

ACC purchases retail installment contracts entered into by auto dealers with consumers who are typically unable to obtain credit from traditional sources. Since 1992, ACC has helped thousands of people by providing financing when others would not, allowing them to rebuild their credit and get back on the road to success. While many other finance companies have come and gone in the last 13 years, ACC has been a consistent and reliable source of funding for its dealer partners.

Additional information regarding the programs offered by ACC is available at www.automotivecredit.com. John Cavanaugh, Chief Financial Officer of ACC said, "We are continually evaluating new ways to enhance our relationship with our dealer partners. We are very selective about who we partner with and are confident that this partnership with Finance Express will greatly benefit both ACC and our dealers".

CONTACT:
David L. Huber
Finance Express
(949) 635-5892
dhuber@financeexpress.com
http://www.financeexpress.com