Credit Acceptance, EFG Companies and Western Funding all announced in recent days that they received awards associated with their operations connected to auto financing.

Beginning Credit Acceptance, the company specializing in subprime auto financing said it has been named one of the 100 Best Companies to Work For by Great Place To Work and Fortune magazine in 2025.

This accolade marks the 11th time Credit Acceptance has been on this list. The lender came in at No. 34, up five spots from last year.

According to a news release, 93% of team members agreed that Credit Acceptance is a great place to work.

Other workplace accolades Credit Acceptance has received from Fortune include Best Workplace for Financial Services and Insurance, Best Workplace for Millennials, and Best Workplace for Women.

Credit Acceptance has also been named a Top Workplaces USA Award winner, one of People Magazine’s Companies that Care, and a Best Place to Work in IT by Computerworld, among many others.

“Our team thrives in an award-winning culture where they love coming to work because they know they can make a difference,” Credit Acceptance chief executive officer Ken Booth said. “We foster this environment through key cultural practices such as remote work flexibility, actively listening to feedback and implementing meaningful changes, and embracing our PRIDE values — positive, respectful, insightful, direct, and earnest.”

EFG Companies wins more Stevie Awards

EFG Companies said it has notched a remarkable achievement, bringing home a Gold and a Bronze in the 19th annual Stevie Awards for sales and customer service, for a total of 40 awards to date. The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals.

The Stevie Awards organizes nine of the world’s leading business awards programs, including the prestigious American Business Awards and International Business Awards.

Awards for EFG this time included:

—Gold Award in Best Use of Thought Leadership in Business Development for the launch of EFG’s Wealth Builder Profit Participation Suite reinsurance portfolio designed to support retail automotive dealers’ wealth-building strategies even during the most challenging economic conditions.

The company said this solution can deliver an estimated F&I profit increase of $206,400 per producer per year, equaling more revenue ceded into the dealer’s reinsurance position.

According to a news release, award judges said, “EFG’s promise to cover clients’ unmet revenue goals is a bold move and sets a high standard in the industry.”

—Bronze Award in Business Development Achievement of the Year – Financial Services Industries recognizing the company’s efforts to address record-breaking rising claims costs impacting both retail automotive dealers and consumers.

Through a corporate re-engineering initiative, EFG restructured key segments of its claims administration processes, including technology, staffing, and training, to offset the rising costs of repairs.

Judges said they were “impressed by the amount of focus on key areas like claims processing times, assessing the components of each claim for efficiency, cost-effectiveness, and fraud to reduce the amount of time the consumer’s vehicle is in the shop, improving overall customer satisfaction to protect dealership profitability.”

EFG pointed out that this year marks the 11th consecutive one that EFG has been recognized with multiple awards for national excellence. EFG has now received 15 Gold awards.

“I am incredibly proud of all the awards recognizing EFG Companies for our focus on client profitability and customer satisfaction,” said Jennifer Rappaport, president and chief executive officer at EFG Companies. “EFG has served as a business partner to retail automotive industry clients for nearly 50 years, focused on helping dealer principals achieve their revenue and wealth-building goals.

“With our unmatched field engagement process, along with our award-winning training, technology, and claims administration teams, we maintain an A+ BBB rating and hold more verified 5-star Google reviews than any national provider,” Rappaport went on to say in the news release.

Western Funding gains Top Workplaces USA Award for second consecutive year

Like Credit Acceptance, Western Funding, a subsidiary of Westlake Technology Holdings, announced it has been named a Top Workplaces USA 2025 winner by USA TODAY for the second year in a row, building on its recognition as a Top Workplace USA in 2024.

Western Funding also received recognition as a Top Workplace in Nevada in 2023 and 2024.

The award is based on feedback from an anonymous employee survey conducted in collaboration with Energage, an employee engagement technology partner. The survey evaluates key aspects of workplace culture, including alignment, execution, and connection, highlighting WFI’s commitment to fostering a positive, engaging, and supportive work environment.

“We are thrilled to be recognized as a Top Workplace in the U.S. for the second consecutive year,” Western Funding president Jim Murray said. “As our company continues to grow, so does our commitment to fostering a dynamic and supportive workplace.

“This award is a testament to the exceptional efforts of our team and the strength of a culture driven by our core F.A.S.T.E.R. values,” continued Murray, who explained those values include fun, accountable, strategic, team oriented, efficient and respectful.