RouteOne, a web-based company developed by the finance arms of DaimlerChrysler, Ford Motor Company, General Motors, and Toyota, has launched the first phase of integration with Aimbridge Lending Solutions, a Colorado-based credit union aggregation service supporting credit unions nationwide.
According to RouteOne, the integration is expected to allow its dealer customers to send and receive credit applications to those credit unions served by Aimbridge, a provider of lending technology and premium services to credit unions across the US.
RouteOne has said that the integration with the company is expected to be completed in two phases to cover the majority of Aimbridge’s markets nationwide. The first phase includes integration with dealers in Colorado, Michigan, Georgia, and Ohio to select credit unions in these markets. The second phase of integration is expected to provide access to additional markets, and is planned for launch by the end of Q1 2009.
Mike Jurecki, CEO of RouteOne, said: The integration to the Aimbridge network provides our dealer customers a wider variety of funding options and, at the same time, allows RouteOne to assist Aimbridge in growing its automotive business. In this challenging economy, we are pleased to offer our dealers even more financing options on the RouteOne platform.