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FlexPath DXP and Yield Solutions Group Announce Strategic Partnership to Enhance Financial Services for Independent Auto Dealers

New partnership brings full spectrum lending options to independent dealers.

FlexPath® DXP (FlexPath), a leading Fintech provider of financial and digital marketing solutions, and Yield Solutions Group (YSG), a turnkey Financial Service Provider (FSP), have announced a strategic partnership to bring advanced virtual F&I solutions to independent auto dealers nationwide.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240613875656/en/

This collaboration marks a significant milestone in the evolution of dealership services, empowering independent dealers to enhance their customer experience and expand their lending capabilities to a full spectrum range of credit customers.

Driving Innovation in F&I Services

FlexPath’s patent-pending VeriQual technology offers identity verification and credit prequalification services that leverage advanced technologies and automated processes. This ensures fraud mitigation, compliance, and improved customer experience, resulting in greater efficiency and cost savings.

YSG’s RefiJet® brand is renowned for flexible, customer-centric automotive financing solutions. YSG brings extensive experience and technology, making this partnership a synergy to advance the F&I landscape for independent dealers.

Empowering Independent Dealers

The partnership provides independent dealers with tools and resources to compete in the digital marketplace. Dealers can offer a seamless and efficient buying experience, integrating full credit spectrum financing options and insurance products managed online. This not only enhances customer satisfaction but also boosts dealership profitability by streamlining the F&I process.

Key Benefits of the Partnership:

  • Enhanced Customer Experience: Dealers can offer a personalized and convenient F&I process, allowing customers to explore financing and insurance options from home.
  • Increased Efficiency: The FSP platform reduces the time and complexity of traditional F&I processes, leading to faster deal closures and improved operational efficiency.
  • Comprehensive Solutions: The combined expertise of FlexPath and YSG provides a wide range of financing and insurance products tailored to diverse customer needs.
  • Competitive Advantage: Independent dealers can leverage advanced technology and innovative solutions to stay competitive, attract more customers, and drive sales growth.

Statements from Leadership

"We are excited to partner with YSG to bring flexible, customer-focused financing solutions to a broader audience," said Tarry Shebesta, CEO of FlexPath. "This partnership enables independent dealers to offer a modern, streamlined F&I experience that meets today's consumer expectations."

"Yield Solutions Group is committed to transforming the F&I landscape with our FSP platform," said Reid Rubenstein, Managing Partner of Yield Solutions Group. "Our collaboration with FlexPath will empower independent dealers with the tools to thrive in a digital world, enhancing both customer satisfaction and dealership success."

Future Developments

FlexPath and YSG are committed to the ongoing development of new features and enhancements to the FSP platform, including advanced analytics tools, integration with additional third-party services, and expanded product offerings, enabling smaller dealerships to compete more effectively with larger, more established players and franchise stores.

FlexPath and YSG leadership are excited to attend the NIADA conference, where they look forward to connecting with dealers, NIADA State associations, lenders, and supporting vendors.

About FlexPath DXP, LLC

FlexPath DXP is a Digital Experience Platform, with deep roots in online sales and marketing, developing revolutionary SaaS fintech solutions that enable organizations to deliver personalized and targeted marketing, enhance customer experiences, and drive efficiencies and value for all parties involved.

About Yield Solutions Group

Yield Solutions Group (YSG) specializes in virtual finance and insurance (F&I) services, leveraging technology to deliver efficient, customer-friendly solutions. YSG’s FSP platform simplifies the process for dealers, lenders, and customers, ensuring a smooth and hassle-free experience from start to finish.

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