![]() “Walt has been with Exeter almost since the company was founded in 2006. The move was made because executive vice president and general counsel Walt Evans will retire.Īccording to another news release, Evans served as Exeter’s general counsel for 14 years and has held senior legal executive positions for more than 30 years.īefore joining Exeter, Evans also worked for ACE Cash Express and Hollywood Casino Corp., a publicly traded gaming company.Įxeter chief executive officer Jason Grubb said Evans has been a tremendous asset to the company, and he wished the veteran leader all the best in retirement. In other company news, Exeter also recently announced that Eldridge Burns assumed duties as the company’s new general counsel on March 31. “It has never been easier to work with Exeter, and we hope dealers will rely on it to help their customers,” Brown continued.Įxeter noted that the roll-out follows a successful pilot program that allowed select dealers to experience the finance company’s simplified and expedited application and funding processes within the digital platform during the past 90 days.īased on that success, Exeter’s dealer portal has now been made available to the approximately 12,000 franchised and independent dealers the company works with nationwide.ĭealers not yet working with Exeter are encouraged to sign up or submit an inquiry to the company’s dealer operations group. “We’ve made it simple for auto dealers to conduct business and communicate with us fully via our portal - especially if they use special features like our chat functionality and document-uploading capability. “We have leveraged our deep expertise in lending and technology to build a new, digital platform unlike any other in our segment of the market,” Exeter senior vice president of loan originations Jerad Brown said in the news release. Plus, the e-contracting process is simplified and document uploading is easy and intuitive, according to the finance company. In addition, when dealers use Dealertrack or RouteOne to access the portal, Exeter said dealers have immediate, direct access to important information regarding any callback they receive. Please visit to learn more.Exeter Finance said through a news release that the new dealer portal can provide real-time access to current application status, as well as the ability to rehash and discuss deals with Exeter’s buyers and funders via live chat. Auto Dealer Monthly named Exeter the “Top Finance Company for Dealers” in 2010, while Auto Finance News selected Exeter for its Auto Finance Excellence Award in 2011. Exeter takes pride in staffing all branch offices with local decision-makers. Building personal relationships and providing the highest level of service to dealers and customers have been key to the company’s success since its founding in 2006. Exeter partners with franchised auto dealers throughout the country to make car ownership a reality for borrowers. ![]() is a specialty auto finance company based in Irving, Texas. Today Exeter manages a portfolio of more than $500 million, an increase of more than 300 percent over the past year.Įxeter Finance Corp. Exeter also completed its first rated term securitization earlier this year, issuing $200 million in notes backed by subprime automobile installment receivables.Įxeter differentiates itself by using a decentralized underwriting process carried out at local branches and controlled through centralized credit policies and a custom-scoring model. In August 2011 Exeter was acquired by Blackstone, and secured a $600 million line of credit, which provided additional funding capacity for the recent growth and expansion. We still see tremendous opportunities ahead.” “We’re focused on taking our strategy of providing local market expertise and exceptional, personalized service to dealers in every state. “Our ability to continue to grow the company amid today’s tough economic conditions is the direct result of the hard work of our dedicated and talented team, and the solid business platform we’ve put in place,” said Mark Floyd, CEO of Exeter. ![]() Exeter has more than tripled its employee population over the last year, and currently employs almost 600 people in its corporate office, servicing center and 46 branches nationwide that serve dealers across the country. The servicing center is located near the Exeter corporate offices on John Carpenter Freeway.Īpproximately 150 employees have moved to the 76,061 square foot facility. IRVING, TEXAS – Exeter Finance Corp., a specialty auto finance company, announced the opening of a new servicing center that can accommodate up to 500 employees in Irving, Texas.
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