GRAPEVINE, Texas –

Heritage Acceptance hopes to increase its financing efficiency and speed by teaming up with defi SOLUTIONS.

The subprime finance company announced recently that it is now utilizing the defi SOLUTIONS loan origin system (LOS), after going live with the solution on June 4. The company hopes this move will translate into a better experience for its dealership network across the country.

“The system’s flexible design and performance reliability has made it possible for us to start automating our processes without sacrificing who we are as a finance company,” Mike Monaghan, Heritage Acceptance vice president of sales and marketing, said in a news release. “Now we can offer dealers more speed and efficiency as we continue our efforts of providing service excellence for our dealer partners.”

Heritage Acceptance, based in Elkhart, Ind., works with dealers across five states to help their customers obtain auto financing. Heritage is one of many firms to implement the defi SOLUTIONS system.

“The defi LOS is completely configurable because no two lenders are alike,” Stephanie Alsbrooks, defi SOLUTIONS chief executive officer, said in a news release. “We’ve intentionally created our system to complement and enhance a lender’s unique capabilities and value proposition in the marketplace. Lenders get leading-edge LOS technology that works to make them better at what they do best.”