CoreLane Technologies Selected By Nationwide Acceptance To Streamline Auto Loan Funding
March 25th, 2021
CoreLane Technologies, a provider of innovative transactional connectivity solutions for dealers and finance companies, has announced a partnership with Nationwide Acceptance. The companies will work together enabling better financing options for auto dealers through CreditLane and providing another source for consumers wanting to establish better credit. “We are excited to expand our reach to dealers by joining the CreditLane platform,” said Martin Less, President and CEO of Nationwide Acceptance. “The integration process went smoothly and we look forward to a long-term relationship with CoreLane.”
Dealers today are facing numerous challenges from the COVID-19 pandemic. Companies like Nationwide are looking at partnerships like this to help manage costs, increase volume, and work with dealerships more effectively throughout the country. CreditLane provides finance companies a low-cost SaaS solution for receiving applications and originating auto loans. “We are excited by this partnership with Nationwide Acceptance offering dealers more options to secure the best funding available for consumers,” said Evan Lindbeck, Vice President of Operations at CoreLane. “Collaborating with Nationwide to integrate our platforms together is an incredible way to extend auto financing options to consumers and is enhanced by their considerable experience and dedication to offering great customer service.”
For more information on receiving originations through CreditLane, please read more on how CoreLane helps Lenders.
About CoreLane Technologies
Headquartered in Orange County, California, CoreLane Technologies provides innovative Cloud-based technology solutions that enhance the flow of information between automotive dealers and finance companies. By simplifying and streamlining the movement of transactional data between dealers and finance companies, CoreLane’s solutions vastly improve the speed of the application process and minimize errors resulting in quicker approvals and faster funding.
About Nationwide Acceptance
Nationwide Acceptance LLC is comprised of a group of companies that has been providing quality financial services to consumers and businesses since 1954, and has a consistent record of growth and innovation. Nationwide is owned by its seasoned management team and by a subsidiary of Prospect Capital Corporation, a publicly-traded firm (NASDAQ: PSEC) with net assets over $5 billion. Nationwide is one of the most reputable and reliable independent sub-prime auto lenders in the country.