Founded in 1999, XpressCredit is the brand name of Premier Internet Communications, Inc. - a New York C corporation, headquartered in Central New York. XpressCredit is a leading provider of a web-based, indirect lending platform.
Contact us at 866-447-0462 extension 206
Email:
info@xpresscredit.net XPRESSCREDIT PRODUCTS:
CREDIT AGGREGATION SYSTEM Our patent-pending software solution includes a credit application processing service that allows dealers to originate and route a consumer’s credit application to financing sources. Dealer tools include F&I menu selling, 4-square calculator, book out sheet, profit calculator, loan and back end product document preparation.
LOAN ORIGINATION SYSTEM As an ASP model, with over 225 decision criteria, the tiered pay per application LOS, enhances ROI and assists clients in avoiding large CAPEX for IT. The LOS provides improved consistency for underwriting loans (indirect, direct, unsecured, medical) and cost effectively increases the number of applications processed without adding staff. Automation within underwriting and filtered originations, increase acceptable loan volume and income. Additional features include FacTrack™ information verification system, and a virtual F&I platform.
Competitive Advantages: •Web-based technology, incorporating a loan origination system and credit aggregation platform
•Skilled and proficient tech team, expediting turnaround on over 200 integrations
•Low overhead model; re occurring revenue, volume based
•Lender/dealer pay for performance model
•True hard filter of a credit application
•Affordable loan origination system, functional for multiple product types
•Powersport credit aggregation system competes with the expensive high end provider
•F&I menu selling system for back end products
Value Proposition: Competitive Differentiator •XpressCredit hard filters applications by consumer, dealer and collateral
•Add loan volume without traditional origination costs
•Enhance LTB; fee on funded loans only
•F&I menu selling within a credit aggregation platform
•Outsource F&I capabilities
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