Curomax Limited of Mississauga, Ontario, Canada announced it will increase its presence in the United States by providing Internet-based loan-origination capabilities to RV, marine and power-sport dealerships and lenders.
According to a press release, Curomax’s online service will enable RV dealers throughout the United States to submit consumer lease and loan applications to multiple credit providers inside a single, secure online application.
Curomax said the service allows dealers to access financial capital for their customers, improve operational efficiencies, reduce business costs and improve product offerings.
“Our expansion into the United States RV, marine and power-sport dealer market is a natural progression for us as we are currently facilitating online relationships between more than 4,000 automobile dealers in Canada and the United States and another 1,500 RV, marine and power-sport dealers,” said Alan Bird, president and CEO of Curomax Limited. “We are currently in discussions with several lenders and anticipate several announcements in the near future.”
Dealers can use the Curomax site to submit transactions to the lender of their choice, obtain online, real-time credit decisions, update deal status and produce all necessary contract documentation.