DEERFIELD BEACH, Fla. — Standard & Poor’s Ratings Services reaffirmed its STRONG rating of World Omni Financial Corp./CenterOne Financial Services LLC (World Omni/CenterOne), which has maintained this status since 2004.
The company’s rating represents the highest rating possible for a consumer finance, automobile loan and lease servicer. Additionally, World Omni/CenterOne is currently the only consumer finance automobile loan and lease servicer in the nation to achieve this distinction.
“Maintaining this rating during the exceptionally challenging economic environment is a true testament to the quality of service our associates deliver,” said Brent Sergot, vice president and general manager of Third Party Business Operations.
According to Standard & Poor’s report, the overall rating was reaffirmed based on World Omni/CenterOne’s highly experienced management team, internal controls and risk management environment, high level of automation, thorough policies and procedures, training regimen, demonstrated default and asset management expertise, and execution of strategic business initiatives.
Standard & Poor utilizes its Servicer Evaluation Analytical Methodology to examine various metrics, and World Omni/CenterOne compared favorably to industry standards. Standard & Poor’s full report is available at CenterOne Financial Services.