ACC Consumer Finance, a specialized indirect auto finance company, recently announced that it has selected Servicing Solutions as its primary servicer.
As a result of this agreement, Servicing Solutions will support ACC’s ride-hailing finance offering.
ACC Consumer Finance offers a fully integrated automobile financing platform geared toward ride-hailing drivers seeking to purchase vehicles from approved franchised and independent dealers throughout the nation.
“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,” ACC Consumer Finance chief operations officer David Colletti said in a news release.
“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,” Colletti continued.
The newest client arrived on the heels of Servicing Solutions naming a new vice president of sales.
“We are excited to partner with the talented team at ACC,” Servicing Solutions president and chief executive officer Louis Ochoa said. “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,” Ochoa went on to say.