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| Ownership Demonstrating their commitment to delivering the absolute best dealer service in the auto finance industry, the founding managers and owners of Exeter Finance Corp. initially capitalized the company in 2006 Since then, Exeter has operated with a superior level of commitment and dedication and has been rewarded with an overwhelming response from Dealers nationwide. Realizing the value and special quality of the company they had created, Exeter's founders began the search for a financial partner who could support the expansion of Exeter's financing to many more dealers. Along with the necessary financial resources, the company would only consider a partner that shared the Exeter vision and desire to provide unparalleled dealer service. In late 2007, Exeter and Navigation Capital Partners reached an agreement that provided a capital investment of up to $60 million to Exeter to support continued loan portfolio growth. Sharing Exeter's intense passion for exceptional levels of service as it provides for the financing needs of auto dealers across the country, Exeter is pleased to welcome Navigation as it majority owner and true partner. For more information about Navigation, visit its website www.navigationcapital.com Dealer Testimonials "Exeter's personnel are what make them stand out from the competition. I like my underwriters, they answer the phones when I call and I love the personal attention I receive. My underwriters will take the time to discuss a deal with me and that makes a big difference. The funding department is fantastic. I have a funding specialist assigned to handle my accounts and she makes the extra effort to call me when there's a problem. She asks for my assistance when needed so my deals are funded very quickly."
"I gave Exeter a chance because I have a longstanding relationship with one of the founders. It was based solely on reputation initially. However, in a very short time Exeter has far exceeded expectations at our dealership with their funding speed and auto finance expertise. I am using Exeter now because of what they have already proved they can deliver. In my first month alone I sold cars that I would not have sold before, and I expect that to grow. They have a program that really works for this niche of the business and they treat the customers right, which is something I really believe is important. I recommend Exeter to anyone in a dealership finance office even if you don't think you need another source. I know you will be impressed.
"I have owned my dealership for 10 years and have focused mainly on older high-end and specialty sports cars. Because of my niche I haven't had much attention from lenders, but many of my customers ask for financing options and I haven't had much to offer them until now. Exeter has already provided great options for several deals in a short amount of time. Customers that I know are good but have just had a rough patch are getting financed. High-value cars that many lenders avoid are getting lots of options also. Exeter has really helped me make sales that would have not otherwise happened, and they have helped themselves in the process by getting good business."
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