LendingTree and RouteOne partner to increase indirect loans | Auto Finance News | Auto Finance News

LendingTree and RouteOne partner to increase indirect loans

© Can Stock Photo / Kurhan

RouteOne‘s new integration with LendingTree will likely boost the number of indirect auto loans for lenders and create “incremental sales opportunities for dealers,”  the companies announced this week.

With the integration, LendingTree’s platform presents consumers up to five personalized loan offers and funnels those applications to RouteOne, which connects thousands of dealers and lenders with those applications. By integrating the two systems, RouteOne and LendingTree can offer consumers finance offers online that can be used at the dealership.

Once a consumer is at the dealership, F&I managers fulfill the transaction by using their respective processes, systems, and selection of lenders.

“Equipped with financing in hand, LendingTree users can walk into the dealership and close their deal with speed,” LendingTree President Neil Savage said in a press release.

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