EBlock Partners with Kinetic Advantage

By Staff Writer January 11, 2022

E Automotive and EBlock, a digital auto auction marketplace, announced a key partnership with Kinetic Advantage, a provider in floorplan technology. The agreement integrates Kinetic Advantage into the EBlock checkout.

The scarcity of automobiles is causing dealers to search for new sources to replenish their inventory. A partnership with EBlock, a well-established fully digital marketplace in Canada and a new player in the U.S marketplace, opens those sourcing opportunities for Kinetic customers. Kinetic, a strong player in the U.S. floorplan marketplace, becomes a strong source of buying power for EBlock U.S. customers.

“This partnership is a win for our U.S. customers. Kinetic is a strong floorplan and capital funding source which increases the capabilities of our customers to source the much-needed inventory they seek,” said Jason McClenahan, President, and CEO of E INC.

“Kinetic is very pleased to partner with EBlock as a source for inventory to our independent dealers in the U.S. EBlock has a proven track record in Canada and is experiencing exceptionally strong growth in the U.S.,” said Marty McFarland, President and CEO of Kinetic Advantage.

EBlock is a brand of parent company E INC. EBlock’s online auction empowers dealers, wholesalers, and independent auctions to buy and sell inventory in less time and in a real-time virtual auction that creates the sense of urgency and energy found in a live auction.

Rate this item
(0 votes)
Last modified on Tuesday, 11 January 2022 16:46