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National Acceptance Company
Information by Research TrustFinance
Founded in 1992, National Acceptance Company (NAC) has established itself as a leading buyer of non-prime and sub-prime auto loans. The company's business model focuses on providing liquidity to automobile dealers by purchasing their retail installment sales contracts, thereby allowing dealers to offer financing to a wider range of customers. NAC manages the entire lifecycle of these loans, from acquisition to servicing and collections, building long-term relationships with its network of dealerships. Their mission is to provide consistent, reliable service and funding to their dealer partners.
United States
Industry
Financial