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Finance Express Announces Agreement With Carousel Insurance Services

Jan 17, 2008 (08:01 AM EST)
URL: http://www.techweb.com/show-press-release/X668166/finance-express-announces-agreement-with-carousel-insurance-services.html

RANCHO SANTA MARGARITA, Calif., Jan. 17 /PRNewswire/ -- Finance Express, which operates the first online auto finance platform specifically designed for the independent automotive used car dealer, today announced that it has signed an agreement with Carousel Insurance Services, Inc. The integration between the Finance Express and the Carousel system will allow dealers to instantly order the insurance coverage needed to complete a sale and cash their contract.

"Carousel prides itself in developing the latest technology to makes it easier for dealers to order the necessary insurance coverage to get their contracts funded. As the leading DMS provider for the non-franchise dealer industry, we are honored that Finance Express has chosen Carousel as a provider for their dealers, and we are happy to share in their growth," said Chris Mercer, President of Carousel Insurance Services, Inc. "Auto dealers are always looking for ways to streamline the process of completing the sale and delivering the vehicle," continues Mr. Mercer. "If a Finance Express dealer needs proof of insurance for a customer, they can now use Finance Express to order insurance with just a few clicks of the mouse."

"Providing links within the Finance Express system to Carousel's insurance offering fulfills a legitimate need for dealers that have customers who cannot provide proof of insurance at the time of a car sale," states David Huber, President of Finance Express. "At the end of the day, our dealers will be able to sell more cars as a result of this integration."

About Finance Express

Finance Express is the leading provider of online services and web-based technology for the independent dealer market, including a comprehensive dealer management system with functions such as dealer inventory management, credit application processing, contracting, links to lending sources, buy-here-pay- here loan servicing and accounting systems integration. The comprehensive program provides dealers online access to an end-to-end solution that provides a safe and secure environment for participating lenders. More information can be obtained at http://www.financeexpress.com .

About Carousel Insurance Services

Carousel Insurance Services, Inc. is a California domiciled insurance agency that specializes in auto dealer spot delivery insurance programs in multiple states. Carousel acts as the program administrator for highly rated insurers who underwrite the coverage for dealerships. Carousel is licensed as an insurance agent in all states where the coverage is offered. The Carousel Program uses cutting-edge technology with DMS Providers which allows a dealer to order coverage with just a few mouse clicks. The Carousel Program gives the auto dealer the most flexibility when ordering the insurance they need which gives the dealer the most cost effective insurance product in the industry. Visit http://www.insuracar.com for more information.

Contact: Finance Express Corporate Communications (949) 635-5892 Carousel Insurance Services, Inc. (949) 421-1630

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com .

CONTACT: Finance Express Corporate Communications, +1-949-635-5892; orCarousel Insurance Services, Inc., +1-949-421-1630

Web site: http://www.financeexpress.com/ http://www.insuracar.com/