Solex Teams Up with Leading Credit-Report Provider
FIRST ADVANTAGE CREDCO
– Web-based lending platform now delivers credit solutions
to RV & marine dealers –
IDAHO FALLS, Idaho, January 12, 2010 –Solex, a Web-based lending solution for the RV and marine industry, recently announced its integration with First Advantage CREDCO, the leading provider of specialty credit reports. Lenders and dealers using Solex will now have immediate access to CREDCO credit reports, as well as identity verification tools and compliance solutions.
The partnership, effective Jan. 1 of this year, offers participating Solex users the ability to access CREDCO credit reports from within the Solex application – eliminating the need for duplicate entry of loan information into a secondary Web site.
“Our partnership with Solex means users will now have fast, convenient access to credit reports and other credit-based information solutions directly from the Solex platform,” said Eric Rumsey, president of First Advantage CREDCO. “Seamless integration streamlines the overall process and significantly reduces the chance for errors since consumer information is entered only once.”
Solex, designed specifically for the consumer-lending marketplace, connects lenders and dealers through the Web, providing finance and insurance 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.
“We’re excited about the integration with First Advantage CREDCO,” said Steve Butler, president and CEO of Solex. “This step expands the services we provide to our dealers, allowing them to quickly view the information they need to make the right decisions for their businesses. First Advantage CREDCO is a leading credit-information solutions provider, and we foresee that this partnership will make it even easier for our customers to turn their focus to tasks that will increase their sales.”
Dealers interested in signing up with First Advantage CREDCO can call (866) 491-4270 or visit http://www.CREDCOservices.com/signup/Solex.
About First Advantage CREDCO
First Advantage CREDCO, a wholly owned subsidiary of First Advantage Corporation and part of its Credit Services segment, processes tens of millions of consumer transactions annually and is the leading provider of specialty credit reports and services to the RV, marine and automotive industries. Additionally, First Advantage CREDCO provides these industries with comprehensive consumer data including demographic and identity verification solutions. More information about the company is available at www.CREDCOservices.com.
First Advantage Corporation, a member of The First American Corporation (NYSE: FAF) family of companies, provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, Calif., First Advantage has employees in 13 countries that support more than 90,000 clients globally. More information about First Advantage is available at www.FADV.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.
“We have now simplified all our financing needs with the simplicity of using Solex. The data entry and the ease of printing all of our loan documents is so simple now. We are so glad to have found a program to fit all of our needs. We wouldn't consider any other program other than Solex, and we recommend them hands down over any other finance program out there!!”Click for more information or a demo