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August 21 2018

Sheffield Financial and GOLDPoint Systems announce a new multi-year retail financing contract

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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.“

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Financial Services Risk & Compliance