New Retail Financing Contract with GOLDPoint
Continuing our partnership for loan management tools
We're continuing our partnership with the signing of a 5-year agreement with GOLDPoint Systems, effective immediately.
GOLDPoint Systems, the parent company DHI Computing Service Inc., offers a software suite of loan management tools for installment and specialty lenders. The full GOLDPoint suite contains loan servicing, loan origination, calculations, payments, accounting, reporting and file storage. They have clientele in both direct and indirect lending markets.
"Sheffield is excited to extend our 10-year relationship with GOLDPoint Systems for an additional 5 years," said Sheffield Financial President Jeff McKay. "The GOLDPoint platform has provided the backbone for loan servicing applications used by Sheffield on a day-to-day basis. Since partnering with GOLDPoint in 2007, Sheffield has expanded its leadership in the outdoor power equipment, powersports and trailer retail sales finance segments, closing over 2.8 million loans. We are confident the continued improvements in the platform will allow Sheffield to maintain this leadership position, adding new functionality to meet the demands of a rapidly evolving financial marketplace."
Loans are subject to credit approval.
Sheffield Financial is a division of Branch Banking and Trust Company(opens in a new tab), Member FDIC.
Branch Banking and Trust Company is now Truist Bank. Learn more(opens in a new tab)
BB&T and SunTrust have merged to become Truist. Both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees and pricing.