SNAAC Partners with defi SOLUTIONS for New Loan Origination System
Security National Automotive Acceptance Company (SNAAC) has partnered with defi SOLUTIONS to develop their new loan origination system (LOS).
As a leader in technology solutions in the auto lending industry, and a premier American Financial Services Association (AFSA) business partner, defi offered a proven and scalable solution for SNAAC’s internal and dealer customer needs.
“After a lengthy evaluation, defi was chosen for their implementation speed and configuration capabilities,” said Bill DeLong, Vice President and CIO at SNAAC. “They have been the shining example of a true partner to meet our operational and timeline expectations.”
SNAAC’s new system will streamline the entire origination process, building in significant process improvements and security controls. New LOS capabilities and program enhancements will be made in days, not weeks, to quickly respond to customer needs and market changes.
SNAAC’s new LOS is the latest technology advancement and highlights the company’s continued investment in the customer experience. Dealers will appreciate the enhanced user experience – a modern, intuitive Web-based interface, improved integration with Dealertrack and RouteOne, enhanced contract structuring, and configurable dashboards.
About Security National Automotive Acceptance Company (SNAAC)
SNAAC is a privately-held retail sales finance company that purchases and services retail sales contracts from auto dealers nationwide. Established in the industry for 30 years, SNAAC provides dealers with customized financing solutions for consumers through competitive programs and an unparalleled service experience. Based in Cincinnati, OH, SNAAC continues a long-standing commitment to support causes that enrich local communities, including United Way of Greater Cincinnati and USA Cares, and has been consecutively named as one of Greater Cincinnati’s Top Workplaces. For more information, visit snaac.com.