IRVING, Texas, May 23, 2016 /PRNewswire/ -- Exeter Finance Corp., a specialty auto finance company in Irving, Texas, announced today it is unveiling a new company logo to dealers and customers in tandem with the company's ten year anniversary.
"Exeter's future is an exciting one filled with opportunity," said Exeter CEO Jason Grubb. "In that spirit, we are pleased to present our new company logo, which reflects our renewed commitment to dealers and customers. Exeter is more dedicated than ever before to servicing our dealers and customers in the most expedient and efficient manner possible."
The new logo celebrates Exeter's rich history and growth since its inception in 2006. In 2011, Exeter was acquired by The Blackstone Group, one of the world's largest private equity and investment banking firms. By 2014, the company boasted more than 1,000 employees and became the third-largest issuer of subprime retail auto loans ABS. Exeter ended 2015 with more than $1.5B in originations and $3.1B in receivables, and continues to grow and thrive.
Over the past ten years, Exeter has invested in technologies and strategies to improve the dealer and customer experience. The company recently implemented a new originations platform that provides dealers automated decisions in 15 seconds or less, and consolidated its nationwide branch network into two central operations centers in Clearfield, Utah and Irving, Texas. Additionally, origination hours have been extended to provide additional support to dealers. Today, Exeter is positioned as a key player in the subprime auto finance space.
ABOUT EXETER FINANCE
Exeter Finance Corp. is a specialty auto finance company based in Irving, Texas. Exeter partners with franchised auto dealers throughout the country to make car ownership a reality for consumers. Building personal relationships and providing the highest level of service to dealers and customers have been keys to the company's success since its founding in 2006. Please visit www.exeterfinance.com to learn more.
SOURCE Exeter Finance Corp.