About Us
XpressCredit™ is a Delaware based C-Corporation, headquartered in western New York and central PA. XpressCredit™ is a FinTech that focuses on the small independent auto dealer market providing a software solution that ensures one point of entry from unit acquisition to customer disposition including consumer finance lenders and accounting. In addition to XpressCreditTM’s software platform, the Company provides five year term loans to qualified dealers starting at $200,000.
The company’s software provides lenders and dealers with the ability to communicate and quickly decision credit in a secure, online environment. Each consumer application is verified for a lender’s consumer, collateral and dealer Eligibility Rules ensuring only qualified applications are received by the lender. XpressCredit™ partner integrations via XML-encoded messages and adhere to Standards for Technology in Automotive Retail (STAR). All systems are hosted in the cloud with Amazon Web Services (AWS) – Compliant with Fair Credit Reporting Act and Graham-Leach-Bliley Act.
Our main product offerings are comprised of a Consumer Finance Portal (loan placement network/lending portal) and a Loan Origination System (LOS), brand named XpressCredit™ a customer relationship manager (CRM); and a Dealer Management System (DMS), all integrated under the XpressCredit™ brand.
View MoreServices
Lenders
XpressCredit™ is an internet-based platform used by auto dealers as well as many other entities where secured or unsecured loan products are offered, linking these dealers to banks, finance companies, credit unions and other lending sources.Included Modules
- Customer Relationship Manager (CRM)
- Loan Origination System (LOS)
- Financing Portal
- Floor Planning Accounting & Tracking
Dealerships
XpressCredit™ is a web-based consumer finance portal that can be used by thousands of auto dealers in more than 40 states. As a unique, cost-effective, patent-pending solution, XpressCredit™ automates and accelerates the indirect financing process between dealerships and lenders.Included Modules
- Customer Relationship Manager (CRM)
- Dealer Management System (DMS)
- Financie & Insurance Menu (F&I)
- Financing Portal
- Floor Planning Accounting & Tracking
- Marketplace
Distributors
XpressCredit™ Distributors are organizations that have special relationships with both dealers and lenders. Distributors, once approved by a lender, can manage loan products and underwriting criteria for one or more lenders, and receive applications through our Finance Portal from one or more dealers.Included Modules
- Customer Relationship Manager (CRM)
- Loan Origination System (LOS)
- Financing Portal
- Floor Planning Accounting & Tracking
- Marketplace
Floor Planning
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For PER and regional floor planning companies - manages, monitors, reconciles and accounts for money extended to dealers - risk mitigation tool.
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Ensures accurate inventory and accounting for dealer and lender, ensures accurate payment both current and historical
Modules
Customer Relationship Manager
- Focused on loan origination and closing for consumer financed auto loans
- Customer tracking, follow-ups, and calendar ensure no one gets "lost in the shuffle" ~ increased sales close
Dealer Management System
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Manage unit acquisition and inventory profitably, sell product on-line or at the dealership, sell most profitable car, F&I Menu; gain consumer financing, loan analysis, dealer profit calculator by lender, legally compliant documents, relieve inventory, accounting
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Complete dealer backroom operations - One-stop data entry; manage workflow; increase profit per unit sold.
Finance & Insurance Menu
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After-market products - Guaranteed Asset Protection (GAP), Vehicle Service Contract (VSC), and Title.
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Increase profit for vehicle sold; risk mitigation tools; ensures "clean" title.
Loan Origination System
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Decision engine including multiple products, custom scorecards, calculations, credit bureaus, vehicle history/valuations, loan analysis, rating levels, legal contracts, electronic storage.
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Increased productivity, reduction in processing costs, better customer service; manage workflow, applications originating with Dealertrack.
Financing Portal
Connects qualified consumer dealer applications with lenders based on lender's Eligibility Rules using Soft Pull from 700 Credit.
Qualified applications which improved Look-to-Book; focus is on applications lenders can fund; risk mitigation; inexpensive way to acquire customers.
Floor Planning Accounting and Tracking
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For PER and regional floor planning companies - manages, monitors, reconciles and accounts for money extended to dealers - risk mitigation tool.
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Ensures accurate inventory and accounting for dealer and lender, ensures accurate payment both current and historical
Marketplace
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Displays dealer inventory for on-line purchase from consumers or dealers remotely.
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Virtual marketplace - consumers can purchase and obtain financing from the couch.
Our Partners
XpressCredit™ partners with leading vendors to provide a state-of-the-art credit and financing system for our customers. Our Technology Partners provide secure, accurate and fast information. Our Service Partners provide additional capabilities to help customers in their decisions about financing options. We’re proud to have some of the best-known technology and service companies as partners, each of whom plays an important role in our success.
Contact
Location:
XpressCredit™
Canandaigua, NY 14424
Call:
Toll-free: (877) 231-0595
Fax: (877) 669-1513
Technical Support:
(877) 231-0595