Since the recession of 2008, we've recognized a need to serve consumers who had difficulties finding affordable auto loans from reputable sources.
New Orleans, LA (PRWEB) May 13, 2013
Louisiana Auto Finance (http://www.louisianaautofinance.com), a new company serving car shoppers in the Pelican State, is expanding its reach from the New Orleans area to clients statewide. Providing vehicle financing services is the core of the company's business. With many years of experience in the industry, coupled with state-of-the-art technology, the team at Louisiana Auto Finance enables its clients to get approved the auto loan they need at a rate that suits their budget.
"Since the recession of 2008, we've recognized a need to serve consumers who had difficulties finding affordable auto loans from reputable sources," said a company spokesperson. "Traditional lenders like national and regional banks largely turned off the credit spigot, which left many consumers with credit problems out to dry. We decided to begin broker loans between borrowers and lenders, employing our industry expertise, relationships, and technology to streamline the process in ways never before imagined."
The company allows users to submit a basic credit application through their secure online system. This application enters their placement platform, where dealers and lenders compete to fund the consumer's loan. This largely shields consumers from the ignominious situation of being declined for credit in person, and allows them to have their financing pre-arranged before they ever reach the dealership.
The company now serves clients statewide, from clients as far south as Houma all the way up to the Arkansas border. "We began with a focus on a small regional area, NOLA," said the company spokesperson. "Once we had our ducks in a row, we quickly expanded to encompass the state as a whole. We already had the relationships in place for this expansion. It was simply a matter of getting the proper processes in place."
About the Company: Louisiana Auto Finance is quickly becoming a leader in vehicle finance services in the Pelican State. After a quick start working with clients of New Orleans, the company has expanded services all the way up to Shreveport and parishes bordering the Arkansas state line, as well as everywhere in between.