Gateway One Lending & Finance and RouteOne Announce eContracting Partnership
IT Innovations ,
Gateway One Lending & Finance, LLC (Gateway One), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), and RouteOne today announced a partnership to bring RouteOne’s indirect auto financing platform and eContracting solution to Gateway One’s network of more than 12,500 dealers in the United States. The solution provides retail contract validation, signature and distribution – all done electronically. Gateway One joins RouteOne’s growing list of available eContracting finance sources. With this partnership, Gateway One expects to reduce funding times for dealers and provide a secure closing transaction for its customers.
“Gateway One is pleased to offer an eContracting solution to our dealers through this partnership with RouteOne. The platform enables our dealers to reduce the amount of time it takes to fund a loan with Gateway One to a single day,” said David MacInnis, president of Gateway One. “With RouteOne’s solution, dealers will be able to identify possible issues before the signing takes place, requiring fewer return calls or questions.”
“We are pleased to make our eContracting platform available to Gateway One’s dealers,” said Justin Oesterle, RouteOne chief executive officer. “eContracting provides the process and efficiency enhancements that dealers demand today, and we know they will welcome Gateway One’s participation on the solution. We are always enthusiastic about the opportunity to enhance our service to our dealer and finance source customers.”
RouteOne continues to be an industry leader in eContracting, which is evident through its eContract volume- exceeding six million funded deals since the inception. This momentum accelerates with the availability of new finance sources and the investment in enhancements RouteOne makes to provide dealers the optimal technology solutions to sell and finance vehicles. RouteOne is committed to offering the best, most transparent experience possible to dealers in a market with evolving demands.