Finance Express - Press Releases

Bank of Stockton Joins the Finance Express Auto Finance Program

RANCHO SANTA MARGARITA, CA, Oct 6, 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 The Bank of Stockton, to join its online auto finance program. The Bank of Stockton is the oldest bank in California still operating under its original charter, incepted in 1867. Vice President Mel Caldwell, "We are really looking forward to working with Finance Express, we believe this is the most safe and secure way to expand our business with the independent used car dealers. The Finance Express and Escrow.com process is a wonderful idea."

About Finance Express:

Finance Express provides financing programs for all levels of credit through 40 national and regional lenders. It offers a menu of integrated services including credit application processing, credit bureau access, inventory management, electronic contracting, dealer management tools and licensed escrow services. It is a comprehensive program that provides auto dealers with online access to lenders, credit bureaus and a full range of dealer management services in a single seamless solution. At the same time, through its fully licensed escrow company, it provides auto lenders with a method of completing their transactions safely and securely.

About The Bank of Stockton:

The Bank of Stockton, a $1.8 billion in assets institution, is an independently owned community bank with 15 contiguous branches in and around the san Joaquin Valley. Their Branch markets include San Joaquin County, Rio Vista, Angels Camp, Pine Grove, Oakdale, Track, Manteca, Lodi Turlock and Modesto. They have a very large and successful indirect auto loan portfolio that reaches from Fresno to Redding, the San Francisco East Bay to Reno Nevada. Dealing successfully with both franchised and independent automobile dealers ahs contributed greatly to the bank.s loan growth, objectives and profitability.

David Huber, the President of Finance Express said, "The addition of The Bank of Stockton is an exciting addition to the growing family of lenders who are participating with us on the Finance Express program. The Bank of Stockton has a reputation for excellence, and we are certain that they will be a significant benefit to our dealers and the customers they serve."

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