RouteOne has a new integration that will allow subprime auto dealers using appTRACKER Loan Origination System by LAUNCHER.SOLUTIONS to reach more dealerships.
LAUNCHER.SOLUTIONS (Launcher) and RouteOne announced today a strategic integration to bring RouteOne's indirect auto financing platform to subprime auto lenders using Launcher's appTRAKER Loan Origination System (LOS). For lenders on the appTRAKER LOS platform, this integration means reaching more dealers via RouteOne's platform.
appTRAKER Loan Origination System was created specifically for the subprime automotive industry with the ultimate goal of increasing lenders' productivity. appTRAKER LOS accomplishes this by offering speed and reliability in an intuitive system that is structured to efficiently escalate deals through the entire subprime deal lifecycle. The integration with RouteOne takes productivity a step further by helping dealers and lenders to reduce data entry and duplicate steps, and in turn, streamline the workflow. Said Nikh Nath, Launcher's President, “Launcher focuses on customer service and providing its lenders with the tools they need to make smarter credit decisions. RouteOne has the same mindset for its customers, so it is a natural fit.”
“RouteOne is well known in the industry; a vast number of dealers use RouteOne for their F&I processes. Integrating with them was an obvious choice to give our lenders more efficient options,” said Nath. With over 18,000 franchise and independent dealers, RouteOne also has over 1,400 financing sources as customers. The indirect lending platform is a single portal to accommodate the credit application and eContracting process for finance sources and dealers.
Edited by Victoria Haviland