AutoCapital Canada Inc. Implements Shaw Systems’ Consumer Loan Servicing Solution

AutoCapital Canada

Shaw Systems Associates, Inc. announced that AutoCapital Canada Inc. has implemented Shaw’s Consumer Loan Servicing solution (RETAIL and COLLECTIONS).

The company will leverage the software to completely service the life cycle of their loans and manage all collections activity. AutoCapital’s entire platform will operate in the Shaw Hosting Solutions environment. The Canadian auto sub-prime market is growing, and the company has plans to make a significant impact with the help of Shaw’s sub-prime experience.

“It was important for us to select a partner that fit within the AutoCapital Canada culture and was flexible in its approach,” said Steve Malone, AutoCapital Canada’s Chief Operating Officer. “The Shaw team certainly exceeded our expectations in those areas. Operational efficiency and service excellence are the pillars of our servicing philosophy, and we found that the Shaw platform best allowed us to meet those objectives. With Shaw’s best in class software we are well positioned to provide superior service to our customers through the life of their loans.”

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.

Subscribers to Shaw Hosting Solutions benefit from the functionality of Shaw’s proven software while avoiding the expense of software licenses, hardware, deployment, system management, and maintenance fees.

About AutoCapital Canada Inc.

AutoCapital Canada Inc. is a national financial services company that works with Dealer Partners to help clients finance the purchase of new and used vehicles. Their lending programs are designed to serve clients whose specific auto loan needs are not met by many of the larger financial institutions in Canada. The company also has a service division that manages automobile lease and loan portfolios.