Finance Express Adds Santander
RANCHO SANTA MARGARITA - Finance Express, provider of a web-based financial services and technology for independent auto dealerships, has entered into an agreement with Santander Consumer USA that will make the finance source available on the software provider’s lender platform.
Finance Express provides a dealer management system to independent dealers that that allows for credit application processing, e-contracting, provides links to finance sources, loan servicing and accounting systems, and more, reported F&I and Showroom magazine.
"We are very pleased to be adding Santander to our lender platform. Dealers loved the original Drive Financial program, so I think they will be very excited to see Santander among our financial solutions," said David Huber, president of Finance Express.
Santander Consumer USA is the owner of the Drive, Santander Auto Finance, RoadLoans.com and HelpingLoans.com brands, and is a provider of indirect and direct and third-party originations and serving of auto loans. The company also claims an auto loan portfolio of approximately $25 billion and relationships with 13,000 dealers.
"We look forward to serving dealers in the important independent channel," says Matt Fitzgerald, senior vice president of marketing and sales for Santander Consumer USA. "Our finance programs will help dealers sell more cars to more customers, which is always our goal as a finance provider."
More Industry

Consumers Mixed on Economy, Finances
A July survey shows spotty sentiment of current and future conditions, in addition to demographic differences as overall opinion of present circumstances kept sliding.
Read More →
EVs Closing the European Gap
Electrified powertrains led June new-vehicle sales in Europe, reaching 26% of the market.
Read More →
Early Intervention Saves Retention
Sales and service departments have the highest annual dealership turnover rates, according to a new industry report, costing money and time that could be better spent elsewhere.
Read More →
Autos More Appealing
Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
Read More →
Used EVs Defy Overall Market
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Gone to the Dogs
A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →