Auto Finance Company Signs Agreement for Shaw’s Consumer Loan Servicing Software
Shaw Systems Associates, Inc. announced that a Texas-based specialty auto finance company has signed an agreement to use Shaw’s Consumer Loan Servicing solution (RETAIL and COLLECTIONS) in a hosted environment.
The auto finance company, which partners with franchised auto dealers throughout the country, opted for a hosted solution so they could benefit from the functionality of Shaw’s proven software while avoiding the expense of software licenses, hardware, deployment, system management, and maintenance fees.
Shaw’s customer-centric portfolio management solution supports a wide range of consumer lending products including loans, line of credit, home equity, dealer/indirect, floor plan, commitments, escrow, securitization, and insurance. Accommodating every phase of an account’s life cycle, the system automates processes and helps companies navigate the dynamic credit landscape.