RouteOne Canada adds CIBC

RouteOne Canada says CIBC has joined its auto financing portal meaning participating dealers that have a relationship with CIBC can now process credit applications and finance contracts through RouteOne.

“Our goal is to deliver dealers a product that provides options that best suit their individual business needs,” RouteOne Canada president Barry McMillan said in a release.

“The addition of CIBC confirms our commitment to deliver on this goal and strengthen the value our platform offers.”

The company said CIBC’s addition makes yet another premier finance source a choice to RouteOne’s network of dealers. The company, which offers finance source choices that cover a broad spectrum of captive, non-captive, prime to subprime options, was formed in 2002 by Ally Financial, Ford Motor Credit, TD Auto Finance and Toyota Financial Services.

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