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MEMA Financial Services Group Inc., Experian to Offer AASA Members Business Credit Reporting Information

Release Date: November 5, 2009

LAS VEGAS, Nev. – The Automotive Aftermarket Suppliers Association (AASA) and MEMA Financial Services Group Inc., the wholly-owned credit reporting subsidiary of the Motor & Equipment Manufacturers Association (MEMA), today announced an agreement with Experian Business Information Services to provide exclusive benefits and value discounts to its members and subscribers.

The new Business Credit Reporting program from Experian is designed to enhance current MFSG offerings and provide AASA members with instant access to specific business credit reports and scores at a discounted rate designed exclusively for member’s credit needs in the automotive industry.  

“We are very pleased to partner with Experian Business Information Services to provide all AASA members and MFSG subscribers this exclusive service,” said Steve Handschuh, president and COO of AASA. “This program will be an important part of AASA’s member value proposition.”

“This new affiliation with Experian will provide MFSG members with information which has not been available in the past,” said Dan Pike, general manager of MFSG. “We encourage AASA and MFSG members to take advantage of this valuable service to enhance their credit gathering process.”

Through the custom program, members have easy access to Experian’s business credit services covering millions of U.S. businesses online in seconds.  The available reporting options through Experian provide varying levels of detail — from presenting the basic demographic facts of a business to detailed credit scores, payment and public record histories — in an easy-to-read format.  

The program includes an exclusive value package to access business credit reports in bulk under one low price.  Additional discounts are also provided to members for single report purchases. Other benefits include the availability of business credit monitoring services.

More information about MFSG is available by visiting www.memafsg.com or contacting Dan Pike, MFSG general manager, at 919-549-8400 or info@memafsg.com.

For more information, members should visit these Web sites:


About AASA
AASA (www.aftermarketsuppliers.org) exclusively serves suppliers of aftermarket components, tools and equipment, and related products. It is a recognized industry change agent – promoting a collaborative industry environment, providing a forum to address issues and serving as a valued resource for members. AASA is an affiliate association of the Motor & Equipment Manufacturers Association (MEMA). “AASA, Leadership in the Global Automotive Aftermarket”

About MFSG
MEMA Financial Services Group (MFSG) was established in 1916 and is recognized as the credit authority for the automotive products industry. MFSG is a wholly owned subsidiary of the Motor and Equipment Manufacturers Association (MEMA). MFSG provides member credit and financial executives with accurate, timely information relating to a customer's trade payments and a detailed analysis of their operations. MFSG has a staff of seasoned automotive analysts who can communicate the individual status of a specific customer or discuss industry conditions and trends. This information, along with the credit executive's independent investigation, enables the company to make a more informed, educated credit decision. Trade clearances, credit reports and important news bulletins are e-provided to its subscribers, which range in size from the giants of the industry to the smaller manufacturers serving niche markets. This service is available for one low annual fee and is accessible by traditional methods and through the Internet. For more information, visit www.memafsg.com.

About Experian Business Information Services
Experian’s Business Information Services partners with organizations to establish and strengthen customer relationships, enabling them to mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on U.S. companies of all sizes, with the industry’s most extensive data on the broad spectrum of small and midsize businesses. By leveraging state-of-the-art technology and superior data compilation techniques, Experian is able to provide market-leading tools that assist clients in processing new applications, managing customer relationships and collecting on delinquent accounts.

Contact
Margaret Beck, Senior Director, Marketing & Communications, Member Satisfaction
919-406-8828 media@mema.org

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