Press Releases

August 18, 2008

First Advantage CREDCO Teams with DockMaster to Deliver Credit Solutions to Marine Dealers

First Advantage CREDCO, LLC, the leading provider of specialized credit reports for the marine industry, today announced the integration of its credit-based information solutions with DockMaster®, the nation’s premier marine management information solution provider for marinas, boatyards, boat dealers, boat builders and marine retailers/distributors. Under the new agreement, First Advantage CREDCO will deliver credit reports, in addition to identity verification tools and compliance solutions, conveniently through the DockMaster sales and finance platform for boat dealerships.

The integration of First Advantage CREDCO’s product solutions will give participating U.S. dealers fast and convenient access to consumer credit reports, and compliance tools to help them comply with regulations for OFAC screening and the new Red Flags Rule.

“Our integration with First Advantage CREDCO further expands DockMaster’s features and functionality, enabling boat dealers to make sound credit decisions, fast,” said Cam Collins, president and CEO of DockMaster. “They now have convenient access to the tools they need to help maintain federal compliance requirements, and to help protect their dealerships from identity theft and fraud-related losses.”

First Advantage CREDCO’s Red Flag Solution, a comprehensive offering of credit reporting services, identity verification, OFAC screening and reporting tools, is designed to help dealers comply with the new Red Flags Rule, which requires them to establish and maintain an identity theft prevention program by November 1 of this year.

“We’re excited to announce our partnership with DockMaster, which helps our mutual customers verify potential customer identities automatically with every credit report,” said Eric Rumsey, president of First Advantage CREDCO. “Seamless integration provides fast, convenient access to important identity verification and compliance solutions – directly from their DockMaster system.”

First Advantage CREDCO is integrated with more than 50 dealer sales and finance platforms for marine, automotive and RV dealerships throughout the U.S. Dealerships interested in signing up with First Advantage CREDCO can visit www.dockmaster.com  or www.CREDCOservices.com/DockMaster,
or call (866) 227-6117.

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