NASHVILLE – Chase Auto Finance’s Custom Finance business has joined the growing list of lenders available on Remarketing Solutions’ Dealer Auto Funding Solutions (DAFS) platform that connects independent automobile dealers with major retail financing lenders.
DAFS is a Web-based decision and risk analysis program powered by technology from California-based Bankers Integration Group (BIG). BIG’s online auto finance and insurance portal gives dealers the ability to make retail financing decisions in real time and finalize consumer transactions in seconds with a complete tier of national and regional lenders. The program is administered through Manheim’s Remarketing Solutions subsidiary, a third-party provider of remarketing, recovery, inspection, transportation, and other remarketing services.
Among the financial institutions already connected to DAFS are Bank of America, Bay View Acceptance Corp., Bank of Stockton, Crescent Bank, Fireside Bank, Guaranty Bank, and Nationwide Acceptance Corp.
Manheim and Remarketing Solutions plan to complete the national rollout of the DAFS program by mid-year.