Vroom, a United States-based online used car retail platform, recently announced they will be teaming up with the bank Chase to be the platform's preferred lender.

In 2020, the companies will launch Vroom Financial Services Powered by Chase, which designates Chase as Vroom's preferred lender.

Chase will support Vroom with a team of underwriters, marketers and servicing representatives to support customers.

Mark Roszkowski, Chief Revenue Officer at Vroom, said: “A seamless financing process is one of the key components of our mission to bring the car buying process online and into the digital age, so we’re thrilled to partner with Chase to make this part of the purchase experience even faster and easier for our customers.

“We’re looking forward to having Chase as our preferred lending partner and collaborating with the team on an ongoing basis for additional opportunities to serve our customers.”

Vroom’s Sell Us Your Car service allows customers to receive cash offers for their vehicles in minutes.

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