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Technology Nissan Motor Acceptance Corporation selects Sword Apak to provide new dealer wholesale floorplanning system in North America Published: 3rd May 2016 Share Nissan Motor Acceptance Corporation (NMAC) has selected Sword Apak’s Wholesale Floorplan Finance System (WFS) to improve dealer satisfaction and support growth targets in North America. NMAC desired a new floorplanning solution that would provide an outstanding level of service to dealers and enable them to remain competitive and continue business growth in the marketplace. The new solution had to provide real-time processing and a user-friendly customer interface for dealers, offer enhanced loan processing functionality to improve operational efficiency, eliminate manual procedures, while also ensuring the highest levels of compliance. After a rigorous selection process, Sword Apak’s WFSv6 was selected. WFSv6 will include traditional floorplan along with non-floorplan products including mortgages, working capital, equipment and term loans to its dealer portfolio. The system will be hosted by Sword Apak as a SaaS solution, utilizing Sword Apak’s WFSv6 core functionality and its enhanced reporting tool. The WFS system will be implemented in the US and Canada and is expected to go live in 18 months. The WFS solution provides options for Nissan to further expand the platform and rollouts across the wider Nissan global sales finance regions. “We are delighted to have been selected by NMAC to support its business in North America and beyond,” comments Doriene Viera, vice president business development, Sword Apak (pictured above), “We have over 35 years of experience supporting businesses and we look forward to bringing our integrated business and IT expertise to the NMAC project to support the company’s global growth plans.” Asset Finance Connect Asset Finance Connect brings you news and updates about UK and European auto, equipment and asset finance providers. Sign up to our newsletter Featured Stories TechnologyLendscape and Findustrial forge partnership TechnologySopra Banking Software announces name change to SBS TechnologyNETSOL unveils AI-powered Transcend platform