Automobile Acceptance Opens Five More Branches
RIVERDALE, Ga. — Automobile Acceptance Corp., which has
provided indirect lending to prime and subprime buyers in Georgia since 1989,
recently added five branches, including two buy-here, pay-here dealerships, two
franchised stores and one service center.
Combined with its existing 26 branches, AAC now has 31
operations, an amount chief executive officer Robert Culver attributes to a
strong staff, honest business practices and superior software.
The Automobile Acceptance Corp. family of companies, which includes
Auto Smith and Auto Tune, has relied on the dealer management software from Advanced
Business Computers of America's (ABCoA) since 1993.
Culver mentioned ABCoA's software manages all aspects of AAC
from servicing a portfolio of more than $135 million in receivables to allowing
more than 100 users access to the sales, finance and service operations.
"It is our pleasure to congratulate Automobile Acceptance on
their success, and acknowledge the fact that even during these tough times, if
your mind is in the right place and you stick to the core principal of fairness, you will succeed," said Shad Hedy, chairman and president of ABCoA.
Hedy went on to mention most of his customers are thriving during
these difficult economic times not simply as a result of increased subprime
applicants, but because ABCoA's software can help operators focus on the
fundamentals of the special finance business model.
"Industry-leading collections tools reduce delinquencies,
and integrated accounting handles the specialized auto finance niche while also
gaining the maximum tax benefit allowable by the IRS," Hedy emphasized.
"We thank AAC for the opportunity to serve their needs and
earn their trust," he concluded.