Travelers Acceptance Corporation is pleased to announce that Travelers' loan products will be available on the Curomax Internet-based loan origination platform for home improvement dealers and suppliers/installers of residential products. Scheduled launch date is mid March.

The Curomax platform automates the process of financing home improvement and product loans, enabling dealers to submit consumer applications electronically and improve their ability to track the status of individual deals.

"We are pleased to add the Curomax platform to enhance our services to our dealer partners and the Canadian consumers they serve. This important internet-based platform allows Travelers to serve its vendor partners even more quickly, gives them a competitive advantage, and thereby assists them to expand their customer bases. The Canadian home renovation market has exploded and we are now in position to provide flexible financing to home owners to make the enhancements they need to improve both the enjoyment and appreciating value of their homes," said Karl Sigerist, Jr., Senior Vice President and Chief Operating Officer for Travelers Acceptance Corporation.

"Travelers Financial Group is a great addition to our growing list of lenders who have come to rely on Curomax to originate their indirect loans," said Alan H. Bird, president and CEO of Curomax. "The home improvement market specifically is one we believe can significantly benefit from the type of technology platform we have developed and we look forward to supporting Travelers in their endeavour to bring additional value to their dealer partners."

Travelers Financial Group is a leader in the provision of financial solutions and services to organizations, dealers, consumers, vendors and financial intermediaries in Canada. Travelers focuses on providing financial choice and the generation of value through the application of experience, service and innovation. Travelers Acceptance Corporation, a member of Travelers Financial Group, has for more than 30 years provided solutions and services specifically tailored to vendors of consumer products and services - including loans for lifestyle, tuition, automotive aftermarket, vacation ownership, healthcare, memberships, power products and home improvements.

Curomax and its industry leading on-line finance portal links dealers across North America to provide access to financial institutions and other aftermarket suppliers through a single application over the Internet. Lenders originating business through Curomax are dramatically improving their operational efficiencies, reducing their business costs and improving their product offerings to dealers across the United States and Canada. More than 9,000 automotive, recreational, marine, power sport and home improvement retailers are secure in the knowledge that the loan or lease structuring information provided through Curomax is precise and designed to maximize rapid response from the selected lender. For additional information about Curomax, visit the company's Web site at http://www.curomax.com.

For further information: about Travelers, visit www.travelersfinancial.com. Dealers interested in offering Travelers' loans to their customers can call (800) 667-6640

Source: newswire