Global finance technology supplier Solifi has seen Exeter Finance extend its agreement to use the Solifi (formerly IDS and White Clarke Group) platform in more than 11,000 US auto dealerships. The indirect automotive finance provider first selected Solifi Originations software in 2013 for its ability to efficiently process high volumes of loan applications, which have now grown to more than 500,000 per month.
“We extended our relationship with Solifi because its technology platform is able to scale to meet our business needs, and Solifi continues to invest and deliver industry-leading auto finance software,” said Michele Rodgers, Exeter’s chief information officer. “We are pleased to renew this strategic partnership, and we look forward to continued innovation in support of our future business needs.”
Founded in 2016, Exeter Finance is based in Irving, Texas, and partners with auto dealers throughout the country.
“We are proud to extend our relationship with Exeter Finance,” said David Hamilton, CEO of Solifi. “It is our goal to deliver solutions to our customers that respond to the ever-changing business and market needs quickly, supporting their ability to grow.”
Solifi Originations software offers automotive finance lenders a digitally focused platform that accelerates applications, automates deals, and creates better customer experiences.