The Regional Acceptance Corporation, a subsidiary of BB&T Corporation (NYSE:BBT), specializes in indirect sub-prime automotive financing and prime-to-near-prime portfolio acquisitions. Based in Greenville, N.C., the company operates through 31 Regional Business Centers and three Customer Service Centers, serving dealers and customers in 39 states. With more than 10,000 dealers nationwide, it is known for local decision-making, flexibility, and quick funding. Regional Acceptance consistently ranks as one of the top auto finance companies in the United States.
Founded in 1978, BB&T Corporation, headquartered in Winston-Salem, N.C., is one of the nation’s largest financial holding companies with total assets exceeding $220 billion. The corporation's strong financial position and extensive industry experience contribute to Regional Acceptance's solid market presence.
Regional Acceptance Corporation's focus on automotive financing and its association with BB&T Corporation, a reputable financial institution, position it as a compelling investment opportunity in the Financial Services and Banking industries for venture capitalists seeking stable and established ventures with solid growth potential.
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