RouteOne Canada announced today that TD Financing Services is expanding its product offering on RouteOne to include its prime lending program.
“TD Financing Services has one of the most extensive automotive finance programs in Canada, meeting the retail financing requirements of a nationwide network of dealer partners,” the company said in a release.
TD Financing Services will offer a full spectrum program of credit solutions to Canadian consumers purchasing automobiles at dealers through the RouteOne platform.
“The addition of TD Financing Services prime program greatly improves our ability to offer our dealers a broad spectrum of credit buying,” said RouteOne Canada president Barry McMillan
“We're excited to expand the availability of TD Financing Services' full suite of automotive lending products onto RouteOne,” said Erik de Witte, president, TD Financing Services.
“Accessibility is an important part of our overall strategy as an industry leader in supporting our dealer partners with flexible financing solutions for customers.”
RouteOne, formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services, provides access to more than 21,500 dealers in North America.
The web-based system allows dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite.
The open integration business model also allows the dealer to integrate with their choice providers, including DSPs, CRM systems, F&I modules and menu providers.