Looking for an Easy RV-Lending Solution? Choice One Finance Chooses Solex
Simplicity and electronic data integration put Solex ahead of the competition

IDAHO FALLS, Idaho, November 10, 2009 – RV and marine dealers looking for customer financing will discover a new, simple solution when choosing Choice One Finance Inc. The company just announced its selection of web-based Solex for its lending solution, citing ease of use and increased efficiency in creating and completing loans.

Choice One had been looking for a simpler solution to the typical cumbersome process of qualifying loans and completing compliant closing documents for RV and marine product buyers. Solex, designed specifically for the consumer-lending marketplace, connects lenders and dealers through the Web, providing F & I managers with the industry’s first fully featured online lending solution. An easy-to-use, Web-based program, Solex walks users through the application process, allowing them to submit loans quickly, with an advanced document engine that creates compliant loan document packages easily printed from any standard printer. In addition to minimizing risk and streamlining processes, Solex guarantees accuracy, security and compliance.

“The Solex program is our core tool to contract loans,” said Thea Walker, Marketing Director for Choice One. “It provides us with the format we need, plus the customization to our requirements ensures that the program continues to comply with our business.”

At a time when RV dealerships are looking for ways to make the loan process easier, faster, and more efficient, Choice One’s selection should come as good news. “We take a lot of the hassle out of the process,” said Steve Butler, President and CEO of Solex. “We provide the automatic updates, show you the qualified approvals, eliminate the need for fax machines, give you side-by-side comparisons, allow you to print from any standard machine, and guarantee the loan is compliant. The days of shuffling papers and messing with dot-matrix printers are over.”

Solex offers financial institutions additional revenue streams in the RV marketplace, more efficient loan approval communications with participating dealers, and reduced risk of loans returned for stipulations. With over 800 dealers now enjoying access to the program, Solex is moving more loans into the electronic world with minimal effort and maximum cost-saving benefits.

“We have found this program to be very efficient and user-friendly,” Walker said. “We can access it anywhere on the road. We can even do contracts at a dealer show!”

About Choice One Finance, Inc.
Choice One Finance, Inc. specializes in second-chance financing and insurance for recreational vehicles. The company belongs to a network of lenders offering prime and sub-prime loans, with a highly experienced staff capable of finding the right loan for most any customer, with regard to interest rates and length of loan. Account representatives are available to deal with each customer personally. Choice One prides itself on its customer service and its ability to make the dealer’s job easier, allowing staff to focus more on the sales aspect of the business. Additional information is available online at www.choiceonefinance.com.

About Solex
Solex (Idaho Falls, Idaho) is an online lending solution designed for dealers that provides Finance and Insurance (F&I) managers with fast loan approvals and compliant loan documents. Solex connects dealers, credit bureaus and lenders in a seamless integration to provide multiple financing options. All loan documents are guaranteed to be in compliance with lender and state guidelines and are compatible with all laser printers. Additional information about Solex is available online at www.solex.com.