Case Study: Vehicle Acceptance Corp. achieves scalable loan management and rapid financing growth with Nortridge Software

Vehicle Acceptance Corp switches to Nortridge

Vehicle Acceptance Corp., a Dallas-based lender serving independent used car dealers, was held back by an obsolete, home-grown Access loan management system that limited scalability and new product development. Seeking a SQL-based, site-licensed platform with deep configurability, VAC selected Nortridge Software’s NLS to replace their legacy solution.

Nortridge Software implemented NLS to provide commitments/credit line tracking, flexible interest and principal payment cycles, per-deal fee structuring, and comprehensive inventory and collateral tracking. VAC launched its new financing product in July 2013 and has seen tremendous growth; three years after implementation the company reports the Nortridge solution continues to exceed expectations.

Vehicle Acceptance Corp.

Jim Neubauer

VAC Chairman and Certified Chief Compliance Officer