MASON, Ohio — Security National Automotive Acceptance Corporation (SNAAC) announced the launch of its e-Signature tool for its SNAACNow.com Website. The new tool is designed to ensure that car buyers review the accuracy of contracts and other related documents before signing.
“The dealer is working with contracts that are accurate and error-free, practically eliminating the need to ever bring the buyer back again due to incomplete paperwork or missed signatures,” said Bob Bender, vice president of credit and compliance.
To use SNAAC’s E-Signature process, dealers can visit snaacnow.com, select the document they want e-signed and use their mouse to point and click to capture their signature, according to the company.
“We measure our efficiency in how fast we process the contract package and ACH the dealer their advance,” Bender said. “Since the E-Signature documents stay in electronic format, as soon as the dealer and buyer complete their transaction, we can start processing the contract package. We have already experienced a 35 percent improvement in purchase times for contracts utilizing E-Signature.”