Record Growth Prompts USEA to Expand HQ
US Equity Advantage has expanded its Orlando headquarters by 40% to accommodate a growing workforce.
US Equity Advantage’s Central Florida office space now covers 12,000 square feet.
Photo courtesy US Equity Advantage
ORLANDO, Fla. — Citing record growth in both enrollment and staffing, US Equity Advantage has expanded its Orlando, Fla., corporate headquarters by 40%, the company announced.
Executives said the move, which creates a total office space of 12,000 square feet, comes in response to increasing demand for the company’s AutoPayPlus F&I service. USEA realized an approximate 50% increase in AutoPayPlus enrollments in 2018 and is on pace to do the same in 2019. In addition, the company’s sales support team has tripled in size over the last 12 months, all according to the announcement.
“Our office expansion supports USEA’s growing sales, dealer services, and customer support teams and was imperative for us to continue providing the level of service our dealership partners and customers have come to expect,” said USEA CEO Robert Steenbergh.
Originally posted on F&I and Showroom
More Industry
Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →