SAFCO enters military lending following SNAAC acquistion

Fort Lauderdale, FL, (January 13, 2020) – SAFCO, LLC (Southern Auto Finance Company, LLC) is proud to announce its entry into the Military Finance market.  The new venture is a result of SAFCO’s recent purchase of front-end origination assets from SNAAC (Security National Automotive Acceptance Company) consisting of various forms of intellectual properties. The purchase provides SAFCO with the expertise they require to effectively and efficiently process military applications, utilizing their unique and expertly developed technologies.

“Our nation’s military serve our country dutifully and as such, we look to serve them. Many may have no credit or blemished credit histories. We greatly look forward to helping them establish credit today for a better tomorrow.” commented George B. Fussell, Chief Executive Officer of SAFCO.

SAFCO plans to roll out their Military Program the first quarter of 2020.