Tag: Concord

 In July of 2023, when Concord Servicing acquired Equiant, its major competitor in timeshare loan servicing, Concord President Shaun O’Neill predicted both company’s clients would benefit. “Before, there were advantages developers could get from Concord, such as our expertise in collections and compliance, and reasons why they liked Equiant, such as their self-service platform and payment technology,” he said. “Now, our clients will be able to access all the leading technology and industry expertise under one banner.” With the acquisition complete, the synergies are even better than anticipated. “Our team has really come together, and I’m very excited to share ... Read more

 Founded in 2022, Skylight has grown quickly alongside the booming U.S. residential solar market. As demand increased for the company’s lending products, leaders at Skylight knew they needed a loan servicing partner that could support their growing portfolio. Impressed with Concord’s strong reputation as a leader in both the solar and home improvement industries, the company decided to partner with them for loan servicing. “Concord has really helped us to incorporate automation and gain efficiencies in our operations,” said Thomas Dungan, Chief Executive Officer, Skylight Lending. “As a result of that automation, time is the commodity that we got back, ... Read more

 “Concord is a well-established and highly reputable loan servicer that has the capability and flexibility to support our short and long-term needs – as well as the needs of our borrowers and investors,” said Connie Chern, CFO and Co-Founder at ORKA Finance. “By partnering with Concord, we can integrate a best-in-class servicing experience for our borrowers while we focus on a better, simpler credit underwriting and funding process for contractors and their customers.” ORKA’s goal is to eliminate traditional commercial lending frustrations by using technology to improve the lending experience. This enables faster credit decisions with better terms and lower ... Read more