|By Business Wire||
|June 10, 2014 11:15 AM EDT||
Inilex®, a leading provider of automotive telemetry solutions, has secured an advance financing agreement with California Republic Bank (CRB Auto), a new addition to the bench of financiers that provide this advantage to SkyLINK customers. Inilex’s SkyLINK stolen vehicle recovery solution, which is a leading finance and insurance (F&I) product, will now be approved for a $995 advance, allowing customers to include the cost of SkyLINK into their overall financing package. This gives CRB dealers greater flexibility in their F&I sales and provides consumers with state-of-art vehicle recovery technology.
“CRB Auto is among the growing number of top-tier auto financiers that is realizing the benefit of advancing on SkyLINK,” said Michael Maledon, Inilex CEO. “SkyLINK is rapidly growing and becoming one of the most popular theft-recovery technologies available on the market. Our superior technology, coupled with our top-notch customer service, is proving to be one of the most valuable F&I tools for dealers across the country.”
SkyLINK uses state-of-the-art GPS technology to give car buyers real-time theft recovery that also helps law enforcement identify and arrest thieves. Inilex also delivers InilexGPS and InilexGPS Fleet, which are customizable platforms for large enterprise accounts to manage vehicle fleets, mitigate risk and track inventories in real time, enabling companies to connect to their mobile assets and workforces.
Headquartered in Phoenix, Inilex® is an Inc. 500|5000 company and the industry-leading provider of intelligent telemetry solutions. It combines the power of the Global Positioning System (GPS) with the flexibility of a best-in-class wireless messaging system to develop telemetry solutions for businesses and consumers alike. Inilex is online at www.inilex.com. The company was named one of America’s Most Promising Companies by Forbes in 2013 and 2014, a Deloitte Technology Fast 500 company, and its technology has won numerous awards including the Connected World 100 for four consecutive years.