FORT WORTH, Texas, Jan 30, 2012 (BUSINESS WIRE) –
GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the
“Company”) has chosen DataScan Technologies LLC (DataScan) — a leader in
wholesale finance accounting and risk management systems — as its
systems provider for GM Financial’s Commercial Lending Services business.
GM Financial plans to launch its Commercial Lending Services business
this April, offering floorplan financing; capital, real estate and
construction loans; floorplan insurance and cash management programs to
GM dealers in the United States and Canada. The Company has also
selected DataScan Field Services LLC to conduct its floorplan
inspections. Both the lending systems and inspection services will
provide GM Financial with a complete dealer floorplan solution utilizing
DataScan’s Wholesale Management System, Dealer Access System, Risk
Management System and DataScan Field Service’s extensive nationwide
coverage.
“As we looked to build a best-in-class commercial lending platform,
aligning ourselves with industry leaders was a must,” said Brian Fallon,
senior vice president of Commercial Lending Services. He continued,
“When it came to selecting a provider for dealer loan systems and
inspection services, DataScan had the history and experience necessary
to help us develop a comprehensive program that meets the needs of our
GM dealer partners.”
“We look forward to the new business relationship with GM Financial and
are pleased to have the opportunity to provide them with our expertise
as they launch their dealer commercial business,” said Brent Sergot,
vice president and general manager of DataScan. “DataScan’s support
systems and services will streamline GM Financial’s lending and risk
mitigation through an easy-to-use online interface, as well as
accommodate our clients’ future growth plans.”
GM Financial will begin marketing the Commercial Lending Services suite
of products at the National Auto Dealers Association’s (NADA) annual
event Feb. 4-6 in Las Vegas. To learn more about GM Financial’s
Commercial Lending Services business, visit GM Financial in the General
Motors’ booth (2666) at NADA.
About DataScan Technologies LLC
DataScan Technologies, headquartered in Alpharetta, Ga., is a global
leader in wholesale finance accounting and risk management systems and
services. The first to market dealership Internet solutions for
wholesale financial institutions, DataScan enables closer electronic
communications between the lender and the dealer. Its sister company,
DataScan Field Services, is one of the industry’s largest automotive
floorplan inventory verification and off-lease vehicle inspection
companies in North America. DataScan is a division of World Omni
Financial Corp., a diversified financial services company headquartered
in Deerfield Beach, Fla. World Omni operates as a subsidiary of JM
Family Enterprises, Inc., a diversified automotive corporation.
About GM Financial
General Motors Financial Company, Inc. provides auto finance solutions
through auto dealers across the United States and Canada. GM Financial
has approximately 3,400 employees, 700,000 customers and $10 billion in
auto receivables and leases. The Company is a wholly-owned subsidiary of
General Motors Company and is headquartered in Fort Worth, Texas. For
more information, visit
www.americredit.com .
SOURCE: General Motors Financial Company, Inc.
General Motors Financial Company, Inc.
Caitlin DeYoung, 817-302-7394
Copyright Business Wire 2012
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