RouteOne announces that C&F Finance Company is now an available eContracting finance source for dealers utilizing the RouteOne platform. eContracting enables the digital exchange of critical contract documents and data between dealers and finance sources to increase efficiency and reduce contracts in transit.
RouteOne is the industry leader in eContracting, booking more than 10 million eContracts to date. RouteOne has over 7,200 active eContracting dealers and 50+ finance sources in its rapidly growing eContracting customer base.
C&F Finance is a leader in indirect auto financing, headquartered in Richmond, Virginia and providing automobile loans in multiple states throughout the US. C&F benefited from a streamlined technical implementation process due to the eContracting certification that their Loan Origination System (LOS), defiSOLUTIONS, had previously undergone with RouteOne.
“We strive to continually deliver our customers solutions that streamline and solve challenges in the auto finance industry,” stated Brad Rogers, RouteOne’s Chief Operating Officer. “eContracting is a solution that benefits all parties involved: dealer, finance source, and consumer. C&F Finance is a welcome addition to our eContracting platform and we are pleased to offer their services to our dealer base.”
“We are excited about partnering with RouteOne and offering eContracting to our dealers. Cutting down funding time and gaining efficiencies will greatly add value to our funding processes. We’re certain our best in class service will be further enhanced with this feature,” stated Shawn Moore, Executive Vice President and Chief Credit Officer.
Dealers interested in eContracting should contact their RouteOne Business Development Manager at 866.768.8301 or www.routeone.com/salesteam.
RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to improve the F&I process for automobile dealers and their customers. Connecting thousands of dealers and finance sources in North America for vehicle financing, RouteOne’s platform delivers a comprehensive suite of F&I solutions across multiple channels: in-store, online, mobile, and via third-party solutions. Its product line-up includes digital retail, credit application, eContracting, menu, and compliance solutions. In addition, RouteOne enables dealer choice across a wide variety of best-in-class providers through open integrations with over 170 DSPs. More information is available at www.routeone.com.
About C&F Finance
C&F Finance Company has been a wholly owned subsidiary of Citizens and Farmers Bank since 2002 when the bank acquired Richmond-based Moore Loans, founded in 1952. The company serves dealers and customers in Virginia, Maryland, Tennessee, North Carolina, Ohio, Kentucky, West Virginia, Indiana, Georgia, Alabama, Missouri, Texas, Illinois, Florida, New Jersey, and Pennsylvania. More information is available at www.cffc.com