Fortiva Financial Signs Agreement for RETAIL & COLLECTIONS

Fortiva Financial

HOUSTON (January 5, 2012) -Shaw Systems Associates, Inc. announced that Fortiva Financial has signed a 5-year hosting agreement for COLLECTIONS and RETAIL

Fortiva Financial will use COLLECTIONS and RETAIL to service installment loans, payroll loans, and revolving line of credit.

RETAIL supports a myriad of consumer loan products with integrated features to automate processes and navigate the dynamic credit landscape. RETAIL supports loans, line of credit, home equity, dealer/indirect, floor plan, commitments, securitization, and insurance/products.

COLLECTIONS is a customer-centric collections and portfolio management solution that accommodates every phase of an account’s life cycle. The software manages multiple product types including loans, leases, line of credit, credit cards, mortgages, DDA, NSF, and other receivables. 

About Fortiva Financial

Fortiva Financial offers retailers lending solutions that make retail products and services accessible and affordable for consumers. They develop proprietary analytic and collections capabilities to approve applicants who may be declined by a traditional credit issuer. Fortiva provides retail partners with online application processing, automated funding, sales training, and innovative technology. In turn, retailers can provide their customers with affordable products and services, competitively priced lending options, fixed monthly payments, and extended repayment schedules.