FOR IMMEDIATE RELEASE
Indianapolis, IN – May 2018 – XLerate Group announces that dealer floorplan company XLFunding is now available at all of its auction locations. XLFunding is a full-service flooring company with flexible tiers, local title services and a simple credit line process for dealers.
As part of its ongoing commitment to introduce products and services that drive business growth for customers, XLerate Group started the floorplan source for local markets in 2017. XLFunding currently offers dealer funding at over 100 auctions nationwide.
XLFunding President Curt Phillips says, “XLFunding works with dealers using a consultative approach to find the correct flex terms and plan that match an individual dealer’s inventory and sales mix.” Phillips continues, “XLFunding is a locale-friendly option for dealer floorplanning needs with titles held right where you shop – your local auction.”
“We’re happy to have the industry expertise and strong leadership of Curt and his team,” said Cam Hitchcock, CEO of XLerate Group. “The XLFunding management team has over 50 years of combined floorplan finance experience working with the independent dealer, and are focused on moving us forward in improving overall auction services.”
XLFunding is now accepting applications from dealers across the country, including Arizona, California, Florida, Indiana, Illinois, Michigan, New Mexico, New York, South Carolina, North Carolina, Ohio, Pennsylvania, Texas, and Wisconsin.
For more information, contact:
CAM HITCHCOCK, XLerate CEO
(317) 557-2608:
CURT PHILLIPS, XLFunding President
(317) 689-7516
ABOUT THE XLERATE GROUP: XLerate is an entrepreneurial, leading auction provider with sites in California, Wisconsin, South Carolina, Pennsylvania, Texas, Michigan, and Florida, as well as private-label auctions across multiple markets. wwwXLerategroup.com
ABOUT XLFUNDING: XLFunding is a floorplan company servicing the automotive remarketing industry by financing inventories sold to dealers. wwwXLFunding.com
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