Auto Credit Acceptance, Ltd. Announces Upcoming Attendance At Bankers' Expo
13 October 2000
Auto Credit Acceptance, Ltd. Announces Upcoming Attendance At Bankers' Expo
SILVERDALE, Wash.--Oct. 13, 2000--Auto Credit Acceptance, Ltd. (ACA) today announced they will be an exhibitor at America's Community Bankers' 2000 Annual Convention & Marketing Expo held in Seattle, Washington, October 29 - November 1, 2000.The 2000 Bankers' Expo offers ACA the first opportunity to showcase its new "Multi-Lender Evaluation and Auto Loan System" (MLS) to a prime audience of over 1,500 CEO's, senior bank executives and their decision-making board members. Attendees at the ACB Annual Convention will be looking for solutions to existing problems and to gather innovative ideas that will put them ahead of their competition. ACA's new system delivers the value added service that these lenders are looking for.
Autocreditaccept.com (ACA) Vice-President of Marketing, Tracy D. Bushnell, said, "The timing of the Convention, the target audience in attendance, and the stage of product development that we are in, could not have been better. The contacts that will be made at this event should help to accelerate our relationship with the lending community and keep us ahead of our projections and goals."
Auto Credit Acceptance, LTD (ACA) is an Internet Business to Business Service Company providing fully automated and guaranteed loan approvals for customers from multiple lenders. ACA's initial target market is the automotive industry, which is a $700 billion dollar market. The ACA Internet Web Site (www.autocreditaccept.com) is the electronic portal between the Dealers, ACA's "Multi-Lender Evaluation and Auto Loan System" (MLS), and Lending Institutions. ACA's MLS system matches loan applications from Dealers to multiple Lender's acceptance criteria and approves loans in all credit tiers A through D. This decisioning process, from Dealer input, through loan approval, to guarantee, takes minutes instead of hours and days, without intervention by a Lender's credit analyst.
ACA's web site www.autocreditaccept.com is currently under construction during the development stage. When it is completed, ACA will be the competitive weapon that will level the playing field for the automobile dealer, while giving today's competitive banking community of mid size banks "big bank" technology at an affordable price.