For lenders, accepting electronic payments for auto loans isn’t just expected. It’s a huge component in a great business model. Start-up subprime auto lender Arivo Acceptance recognized this from the get go. With a focus on providing innovative services and simple, transparent, and fair auto loan solutions, Arivo was eager to offer advanced technology solutions to automate its servicing department and enable it to receive and process electronic payments. Arivo needed the solution they chose to integrate with both the defi SOLUTIONS loan origination system (defi LOS) and loan management software and servicing system (defi SERVICING) to solve some of their toughest challenges:
Have you heard about the most recent addition to the defi SOLUTIONS family of configurable systems? And the fantastic chance for you to help shape the defi roadmap for 2017?
We’re excited to introduce defi SERVICING, our new loan management and servicing system (LMS) that will give lenders the same control that our LOS provides today.