Auto Credit Acceptance Ltd. (ACA) is a Silverdale company that has designed and developed a unique, full-service, on-line loan approval process solution for the auto industry. It’s innovative product guarantees loan approvals using its multi-lender evaluation and auto loan system.

According to ACA President and CEO, Bill Fowler, the B2B system solves many of the inherent problems between the closing of auto sales for auto dealers and the financial institutions granting the loan. ACA is looking for $7 million in venture capital to support its Internet infrastructure and the marketing; costs associated with reaching targeted auto dealers and middle-tier banks.

If successful the company intends to remain in Kitsap and potentially hire hundreds of people. The Kitsap Regional Economic Development Council (EDC) has been working with ACA in its search for venture capital and with its real estate needs.

Interested parties can reach Fowler at (360) 698-1279 or bill@autocreditaccept.com.