Zoot Enterprises, an automated credit decisioning platform, is looking to expand into the full credit lifecycle by tapping into title and servicing, Auto Finance News has learned.
“There’s a big movement in titling as far as decisioning is going,” Eric Hathaway, vice president of marketing, told Auto Finance News. “A lot of it is still done on spreadsheets and manually.”
Bozeman, Mont.-based Zoot started this process of business expansion by purchasing the GE Capital building in Billings, Mont., which was the financial services unit of General Electric.