ANAHEIM, Calif. -- (Business Wire)
Gateway One Lending & Finance, LLC (Gateway One), a subsidiary of TCF
National Bank and an indirect subsidiary of TCF Financial Corporation
(TCF) (NYSE: TCB), and RouteOne today announced a partnership to bring
RouteOne’s indirect auto financing platform and eContracting solution to
Gateway One’s network of more than 12,500 dealers in the United States.
The solution provides retail contract validation, signature and
distribution – all done electronically. Gateway One joins RouteOne’s
growing list of available eContracting finance sources. With this
partnership, Gateway One expects to reduce funding times for dealers and
provide a secure closing transaction for its customers.
“Gateway One is pleased to offer an eContracting solution to our dealers
through this partnership with RouteOne. The platform enables our dealers
to reduce the amount of time it takes to fund a loan with Gateway One to
a single day,” said David MacInnis, president of Gateway One. “With
RouteOne’s solution, dealers will be able to identify possible issues
before the signing takes place, requiring fewer return calls or
questions.”
“We are pleased to make our eContracting platform available to Gateway
One’s dealers,” said Justin Oesterle, RouteOne chief executive officer.
“eContracting provides the process and efficiency enhancements that
dealers demand today, and we know they will welcome Gateway One’s
participation on the solution. We are always enthusiastic about the
opportunity to enhance our service to our dealer and finance source
customers.”
RouteOne continues to be an industry leader in eContracting, which is
evident through its eContract volume- exceeding six million funded deals
since the inception. This momentum accelerates with the availability of
new finance sources and the investment in enhancements RouteOne makes to
provide dealers the optimal technology solutions to sell and finance
vehicles. RouteOne is committed to offering the best, most transparent
experience possible to dealers in a market with evolving demands.
Dealers and finance sources interested in eContracting can contact
RouteOne at 866-768-8301 or contract their Gateway One sales
representative.
About Gateway One Lending & Finance
Gateway One Lending & Finance, a subsidiary of TCF National Bank, is an
indirect automotive origination and servicing company that conducts
business in all 50 states. For more information about Gateway One
Lending & Finance, please visit gatewayonelending.com.
About TCF
TCF is a Wayzata, Minnesota-based national bank holding company. As of
September 30, 2016, TCF had $21.1 billion in total assets and 341
branches in Arizona, Colorado, Illinois, Michigan, Minnesota, South
Dakota and Wisconsin providing retail and commercial banking services.
TCF, through its subsidiaries, also conducts commercial leasing,
equipment finance, and auto finance business in all 50 states and
commercial inventory finance business in all 50 states and Canada. For
more information about TCF, please visit tcfbank.com.
About RouteOne
RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit
Company, TD Auto Finance, and Toyota Financial Services to improve the
F&I process for automobile dealers and their customers. Connecting
thousands of dealers and finance sources in North America for vehicle
financing, RouteOne’s platform delivers a comprehensive suite of F&I
solutions across multiple channels: in-store, online, mobile, and via
third-party solutions. Its flagship products include credit
applications, eContracting, compliance, and online/mobile retail
services. In addition, RouteOne enables dealer choice across a wide
variety of best-in-class providers through open integrations with over
125 DSPs. More information is available at www.routeone.com.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170102005095/en/
Contacts:
For Gateway One Lending & Finance
Mark Goldman, 952-475-7050
news@tcfbank.com
or
For
Route One
Todd Mason, 248-862-7152
tmason@routeone.com
Source: TCF Financial Corporation
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