Desjardins Group Joins RouteOne Canada to Provide its Indirect Financing Options at Dealerships

MARKHAM, ON, Dec. 4, 2015 /CNW/ – RouteOne Canada is pleased to announce that Desjardins Group, one of the world’s largest cooperative financial groups, has joined its auto financing portal.  Automotive dealers who are accredited with Desjardins Group can now access their credit services and process credit applications and finance contracts through the RouteOne platform.

Desjardins Group joins the growing network of finance sources that provide indirect lending to the thousands of dealers using RouteOne across Canada.  Now part of the RouteOne network, Desjardins Group’s financing options are easily accessible to its members at participating dealers. 

“Desjardins Group brings an important option with its range of competitive auto lending options,” said Barry McMillan, RouteOne Canada President.  “Choice is a big part of the auto retail business for everyone involved, and we are very pleased to welcome Desjardins Group to our platform as a well-respected lender.”

RouteOne Canada’s credit application management system enables automotive dealers to access their finance sources, exchange credit application and decision information, and print their documents online, all within a single platform.

According to André Chatelain, Vice-President and General Manager of Desjardins Card Services, “Desjardins continues to embrace new technologies and processes to improve efficiency and customer experience for members and clients. Desjardins’ presence on RouteOne will enhance access and reach of our financing offer for automobile dealers in Quebec, Ontario, and select dealers across the country.”

About RouteOne

RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to thousands of dealers in North America, RouteOne’s web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne’s free Dealer Reporting Suite. RouteOne’s open integration business model also allows the dealer to integrate with their choice of a wide variety of best-in-class providers, including DSPs, CRM systems, F&I modules, and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. RouteOne Canada is a subsidiary of RouteOne. More information is available at www.routeone.com.

About Desjardins Group

Desjardins Group is the leading cooperative financial group in Canada and the fifth largest cooperative financial group in the world with assets of $251 billion. It has been rated one of the 50 Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Considered North America’s strongest bank according to Bloomberg News, Desjardins has one of the highest capital ratios and credit ratings in the industry.