RouteOne Canada Expands Dealership Financing Options With The Addition Of CIBC | RouteOne

RouteOne Canada Expands Dealership Financing Options With The Addition Of CIBC

Thursday, December 15, 2016

RouteOne Canada is pleased to announce that CIBC has joined its auto financing portal. Participating dealers who have a relationship with CIBC can now process credit applications and finance contracts through RouteOne.

The addition of CIBC brings yet another premier finance source as a choice to RouteOne’s network of dealers. It shows RouteOne’s commitment to provide dealers with finance source choices that cover a broad spectrum of captive, non-captive, prime to subprime options.

“Our goal is to deliver dealers a product that provides options that best suit their individual business needs,” said Barry McMillan, RouteOne Canada President. “The addition of CIBC confirms our commitment to deliver on this goal and strengthen the value our platform offers.”

“CIBC is excited to have joined the RouteOne portal,” said Geoff Weiss, SVP Auto Lending. “This will allow dealerships greater access to our product, ultimately better serving our clients and simplifying the way we do business.”

For more information, please contact 877.556.0003 or 855.476.8831 for direct bilingual support.

 

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About RouteOne

RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to thousands of dealers in North America, RouteOne’s web-based system allows automotive dealers to submit credit applications to the largest indirect finance sources, request credit reports, and increase profitability with RouteOne’s free Dealer Reporting Suite. RouteOne’s open integration business model also allows the dealer to integrate with their choice of a wide variety of best-in-class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. RouteOne Canada is affiliated with RouteOne LLC. More information is available at www.routeone.com.
 

About CIBC

CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through their three major business units - Retail and Business Banking, Wealth Management and Capital Markets - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at http://www.cibc.com/ca/media-centre/ or by following on Twitter @CIBC, Facebook and Instagram @CIBCNow.