Service Payment Plan, Inc. Integrates with StoneEagle's SEcureSalesTool Enabling Dealers to Offer Interest-Free Payment Plans for Service Contracts

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SEcureSalesTool will automate the contract generation and submission process for Service Payment Plan.

I am excited about our relationship with StoneEagle and our integration to their SEcureSalesTool because it makes it much easier and more efficient for dealers to do business with SPP and benefit from our interest-free payment plans for service contracts

The StoneEagle Group (StoneEagle) today announced that Service Payment Plan, Inc. (SPP), a company that offers interest-free payment plans for vehicle service contract purchasers, is integrated with SEcureSalesTool. This level of integration will enable the Service and F&I departments within dealerships to streamline the process of selling service contracts to their customers. The SEcureSalesTool accurately calculates the monthly payment, based on the down payment, generates the SPP contract electronically, stores the payment information, and automatically delivers the data to SPP's administration system, as well as the corresponding vehicle service contract administrator.

SPP is the largest service contract payment plan company in the industry, and offers programs to independent service contract providers and manufacturers, throughout the United States and Canada. The payment plans can range from twelve to eighteen months in length, depending on the term of the service contract. Electronic debit to checking account, savings account, or using a credit or debit card keeps the payment plan paperless and hassle-free. All customers that purchase a vehicle with cash, outside financing or limited financing, can benefit from SPP's 0% interest monthly payment option.

"I am excited about our relationship with StoneEagle and our integration to their SEcureSalesTool because it makes it much easier and more efficient for dealers to do business with SPP and benefit from our interest-free payment plans for service contracts," said Robert Hymen, President of SPP.

"The SEcureSalesTool is a essential point of sale solution designed for dealers to maximize revenue on the service drive or within the F&I office," said Jason Gillette, Director of Sales & Marketing for StoneEagle. "StoneEagle is pleased to partner with SPP to further enhance the functionality and usability of the SEcureSalesTool. StoneEagle continues to enable auto dealers and service contract providers with simple streamlined solutions that increase efficiency and profitability."

About The StoneEagle Group
StoneEagle designs, develops and delivers software solutions and enterprise administration systems for numerous Insurance Carriers, Third Party Administrators and Aftermarket Product Providers. StoneEagle leverages technology to create secure connection points between these providers and their client base, which are predominately Automotive Dealers and Financial Institutions. SEcureSolutions are utilized by over 6500 automotive dealers through relationships with multiple clients, ranging from general agencies specializing in F&I to software application providers servicing the automotive industry. For additional information please visit http://www.stoneeagle.com.

About Service Payment Plan, Inc.
Service Payment Plan, Inc. (SPP) is a privately held Chicago-based corporation that provides an interest-free payment plan to pay for extended vehicle service contracts. Since 1983, SPP has been the leader in administering interest-free payment plans for service contracts on new and used vehicles for both manufacturer and independent service contract providers in the United States and Canada. For additional information please visit http://www.sppinc.net.

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