The group's principal operations consist of providing services to the finance industry. The finance services include the purchase of automobile finance receivables, collateralized by used automobiles from franchised and independent automobile retailers. The automobile finance receivables are sold to banks and credit unions. The services include the purchasing, sale and loan servicing of prime and non-prime automobile loans on behalf of banks and credit unions. Additionally, the group provides re-Marketing services to banks and credit unions. On 30-Jun-2003 the group acquired pacific auto group, inc.
