DENVER — Access Capital Investment Group recently unveiled a new acquisition program to assist auto loan originators in better managing their consumer portfolios.

What ACIG believes is most unique is that this program has the flexibility to price and purchase all accounts in a loan holder's portfolio — regardless of delinquency status or payment frequency.

Beyond the standard bulk acquisition programs, executives pointed out they also can purchase bankrupt accounts and offer structured financing lines up to $2.5 million. Furthermore, they mentioned payment-stream financing programs, better known as strip financing, also is available to established finance companies and dealers.

An executive the company recently hired will orchestrate ACIG's new programs. The company brought in Ken Terkel to serve as director of business development.

Officials noted Terkel began his career in the auto business in 1980. He went on to be the executive vice president of SeaWest Financial Corp. before it was sold to Consumer Portfolio Services after originating in excess of $750 million in loan volume.

"With Ken's 30 years of experience in automotive lending, it will allow us to further craft transactions that meet our clients' needs," stated Jeff Hutcheson, managing partner of ACIG, which has been providing liquidity solutions for auto lenders since 2001.

For more information, visit www.acinvest.com.