Motor Acceptance Company, LLC
Financial Services - Hampton, Virginia, United States
Motor Acceptance Company, LLC Employees
Motor Acceptance Company, LLC Details
Motor Acceptance Company, LLC (MAC), in partnership with Fidelity Information Services (NYSE: FIS)—the world's financial services technology leader—is an automotive finance group that offers dealership the capability to economically participate in the origination and servicing of new and used automotive leases on an outsourced, turnkey basis. Through the integration of disruptive business processes and the industry's most advanced technology platforms offered through FIS, MAC is the first-of-its-kind FINTECH company designed to revolutionize the automotive financing, insurance, and automotive trading industries.MAC is positioned to advance the automotive financing industry through its unique, highly-engineered corporate structure. Using MAC's revolutionary leasing platform—offered through its subsidiary company, Motor Funding Services, LLC (MFS)—dealerships' F&I Departments can now participate in a business model that offers the leverage required to:• Achieve the efficiencies of scale not available otherwise to individual dealers or dealer groups.• Optimize their comprehensive portfolio of new and used vehicles to meet their unique business needs.• Capitalize on MAC's ability to offer credit leverage, tax security deferral, and large-scale securitization.Previously, manufacturers' captive finance companies maintained all fees and interest spreads associated with the dealership's F&I activities, including leased vehicle depreciation. MAC now equips dealers with the ability to finance their own new and used vehicles using their existing business processes, turning their F&I departments into profit centers at a low cost and unprecedented speed-to-market. As a result, automotive dealers can now offer monthly lease financing for a CPO luxury vehicle that is lower than a monthly financing payment for a new economy car. And MAC's dealer partners can gain up to 80% profit from financing & benefit in the depreciation of its vehicles.
