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National Press Release

RouteOne Begins Integration With Aimbridge(R) Lending Solutions

Published 2009-01-05 09:00
By RouteOne LLC
Integration will allow RouteOne dealers to connect with more than 200 credit unions supported by Aimbridge nationwide

FARMINGTON HILLS, Mich., Jan. 5 /PRNewswire/ -- RouteOne LLC announced today that it has launched the first phase of integration with Aimbridge(R) Lending Solutions, a Colorado-based credit union aggregation service supporting credit unions nationwide. The integration will allow RouteOne dealer customers to send and receive credit applications to those credit unions served by Aimbridge, a provider of lending technology and premium services to credit unions across the United States.

Integration with RouteOne will be completed in two phases to cover the majority of Aimbridge's markets nationwide. The first phase includes integration with dealers in Colorado, Michigan, Georgia, and Ohio to select credit unions in these markets. The second phase of integration will provide access to additional markets, and is planned for launch by the end of Q1 2009.

"The integration to the Aimbridge network provides our dealer customers a wider variety of funding options and, at the same time, allows RouteOne to assist Aimbridge in growing its automotive business," said Mike Jurecki, RouteOne CEO. "In this challenging economy, we are pleased to offer our dealers even more financing options on the RouteOne platform."

"Automotive loans have always been an integral source of revenue for the credit union industry, and Aimbridge is committed to helping credit unions maximize their business in the auto loan segment," said Stephen Bentley, founder of Aimbridge. "Our strategic partnership with RouteOne will help our credit union clients increase their loan opportunities while maintaining a high capture ratio -- it is a win-win situation."

ABOUT ROUTEONE

RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety of best in class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com.

ABOUT AIMBRIDGE(R) LENDING SOLUTIONS (WWW.AIMBRIDGE.COM)

Since 1984, Aimbridge Lending Solutions has partnered with credit unions and automotive dealers to market auto loans and insurance products. The company hosts a single platform through which direct, indirect and Web-based lending solutions help its partners increase automotive lending and ultimately increase revenue. The company, headquartered in Englewood, Colo., has remote offices throughout the United States. For additional information visit www.aimbridge.com, call 1.888.400.2865 or e-mail info@aimbridge.com.

    CONTACT: Suzi Straffon
    RouteOne LLC
    248.862.7074

SOURCE RouteOne LLC



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