"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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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
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