In a continued effort to provide a most compliant financing solution, Vergent Loan Management Software recently announced a partnership with Carleton for consumer loan calculation support.
Vergent has been providing financial management software since 2006. Formerly eSoftware Solutions, the company offers a web-based loan management software solution that encompasses loan origination, loan servicing, marketing, reporting and accounting exports, along with ancillary services to enhance and streamline the lending process.
Its latest web-based lending solution interfaces with CarletonCalcs that’s geared to ensure payments and disclosures are accurate and compliant.
According to Vergent chief operating officer Terry Freeze, “Our company has experienced tremendous customer growth and we recognized a need to ensure our lending calculations are compliant with all federal and state regulations.
“Strong compliance is so important in today’s litigious lending environment which is why partnering with a very experienced company like Carleton for additional compliance support made a lot of sense,” Freez continued.
Carleton president and chief operating officer Matt Ruszkowski added, “Vergent recognized the importance of having compliance alignment between the contract language and their loan origination and loan servicing computations.
“Our 50 years of lending calculation experience and demonstrated lender and dealer support is why Vergent partnered with Carleton,” Ruszkowski went on to say. “We are excited to be part of the Vergent team as we are both committed to providing the highest quality level of service in each of our areas of expertise.”