ACC Consumer Finance, a specialized indirect lender in the automobile finance market, today announced that it has selected Servicing Solutions as its primary loan servicer. As a result of this agreement, Servicing Solutions will support ACC’s ride hailing finance offering.
“As we began to introduce and roll out ride hailing financing to auto dealers throughout the country, we knew we needed a seasoned servicing partner…one that has the experience and insight to truly understand our unique business model, and one that stays out in front of technological advancements and regulatory compliance developments,” said David Colletti, chief operations officer, ACC Consumer Finance. “As we reviewed our options, it became clear that Servicing Solutions checks all the boxes and is without a doubt the right choice for ACC.”
ACC Consumer Finance offers a fully-integrated automobile lending platform geared towards ride hailing drivers seeking to purchase vehicles from approved franchised and independent dealers throughout the nation.
“We are excited to partner with the talented team at ACC,” said Louis Ochoa, president and CEO, Servicing Solutions. “They are clearly filling a need in the ride hailing marketplace. By offering dealers increased revenue opportunities, while at the same time providing ride hailing drivers with an opportunity to purchase a vehicle, it is clearly a win-win proposition, and we’re happy to play a role in it.”