Solex, a web-based lending system for the RV and marine industry, recently announced its integration with First Advantage CREDCO, the leading provider of specialty credit reports.
Lenders and dealers using Idaho Falls, Idaho-based Solex will now have immediate access to CREDCO credit reports, as well as identity verification tools and compliance solutions, according to a news release.
The partnership, effective Jan. 1 of this year, offers participating Solex users the ability to access CREDCO credit reports from within the Solex application – eliminating the need for duplicate entry of loan information into a secondary website.
“Our partnership with Solex means users will now have fast, convenient access to credit reports and other credit-based information solutions directly from the Solex platform,” said Eric Rumsey, president of First Advantage CREDCO. “Seamless integration streamlines the overall process and significantly reduces the chance for errors since consumer information is entered only once.”
Solex, designed specifically for the consumer-lending marketplace, connects lenders and dealers through the web, providing finance and insurance managers with the industry’s first fully featured online lending solution. An easy-to-use web-based program, Solex walks users through the application process, allowing them to submit loans quickly with an advanced document engine that creates compliant loan document packages, easily printed from any standard printer. In addition to minimizing risk and streamlining processes, Solex guarantees accuracy, security and compliance.
“We’re excited about the integration with First Advantage CREDCO,” said Steve Butler, Solex president and CEO. “This step expands the services we provide to our dealers, allowing them to quickly view the information they need to make the right decisions for their businesses. First Advantage CREDCO is a leading credit-information solutions provider, and we foresee that this partnership will make it even easier for our customers to turn their focus to tasks that will increase their sales.”
Dealers interested in signing up with First Advantage CREDCO can call (866) 491-4270 or visit www.CREDCOservices.com/signup/Solex.