CLEMMONS, N.C., Aug. 15, 2018 /PRNewswire/ -- Sheffield
Financial, a division of Branch Banking and Trust Company, today
announced the signing of a five-year agreement with GOLDPoint
Systems effective immediately.
GOLDPoint Systems, 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. GOLDPoint Systems' has clientele in
both direct and indirect lending markets.
"Sheffield is excited to extend our 10-year relationship with
GOLDPoint Systems for an additional five 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, power sports 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."
About Sheffield Financial
Clemmons, N.C.-based Sheffield
Financial is a division of Branch Banking and Trust Company, which
is a subsidiary of BB&T Corporation (NYSE: BBT). Sheffield,
which has financed $22 billion in
loans since its founding in 1992, currently services more than
15,000 outdoor power equipment, power sports and trailer dealers
nationwide. The company provides retail financing options in all 50
states for over 160 manufacturers of outdoor power equipment,
trailers and power sports equipment, such as snowmobiles,
all-terrain vehicles, side-by-side vehicles, motorcycles and
personal watercraft. For more information about Sheffield
Financial, visit SheffieldFinancial.com.
About BB&T
BB&T is one of the largest financial services holding
companies in the U.S. with $222.7
billion in assets and market capitalization of approximately
$39.1 billion as of June 30, 2018. Building on a long tradition of
excellence in community banking, BB&T offers a wide range of
financial services including retail and commercial banking,
investments, insurance, wealth management, asset management,
mortgage, corporate banking, capital markets and specialized
lending. Based in Winston-Salem,
N.C., BB&T operates more than 1,900 financial centers in
15 states and Washington, D.C. and
is consistently recognized for outstanding client service by
Greenwich Associates for small business and middle market banking.
More information about BB&T and its full line of products and
services is available at BBT.com.
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SOURCE Sheffield Financial