Jason Person's Promotion Marks a New Era for Southern Auto Finance Company

Southern Auto Finance Company, LLC (SAFCO), known for its unique capability to assess creditworthiness in the subprime auto lending market, has made headlines with the promotion of Jason Person to the role of President. This announcement signals an important evolution not only for SAFCO but also within the automotive finance sector as a whole.

Jason Person's extensive experience in the executive landscape is well-recognized, especially in areas such as capital markets, treasury management, and operational execution. Under his leadership, SAFCO has significantly enhanced its financial standing and growth potential. As President, he intends to steer the company towards sustained strategic expansion, operational excellence, and improved capital efficiency, consolidating SAFCO’s position as a leading player in automotive finance.

Throughout his tenure, Jason has been instrumental in paving the path for SAFCO's foray into capital markets and warehouse lending. One of his major accomplishments includes the expansion of SAFCO's asset-backed securities platform. His negotiation skills were further demonstrated when he secured a new warehouse lending agreement with Deutsche Bank, optimizing financing arrangements that resulted in substantial cost savings and increased operational flexibility for SAFCO.

His commitment to refining the company's financial analysis function has resulted in enhanced operational visibility, which in turn has propelled performance improvements within various departments, especially in loan servicing. Jason's reputation for strategic foresight and innovative problem-solving has set the stage for continued growth and success at SAFCO.

Prior to his time at SAFCO, Jason held the position of Vice President and Treasurer at Regional Management Corp., where he managed liquidity, ensured covenant compliance, and developed cost-reduction strategies across banking operations. His leadership was further solidified during his tenure as Director of Treasury and Capital Markets at Global Lending Services, where he successfully negotiated corporate finance operations and implemented the company's inaugural rated $150 million 144A securitization.

George Fussell, the Chief Executive Officer of SAFCO, praised Jason for his exceptional financial acumen and strategic vision, stating, “Jason has consistently demonstrated exceptional financial leadership and strategic vision. His comprehensive experience across capital markets, finance operations, and performance management uniquely positions him to lead SAFCO into its next phase of growth.”

As a prominent subprime auto finance entity, SAFCO leverages advanced machine learning technology to assess creditworthiness, providing a thorough insight into applicants’ financial profiles. This capability not only aids auto dealerships across the nation in closing more sales but also extends opportunities to consumers with low or no credit histories, enabling them to finance reliable vehicles and advance their financial stability.

In conclusion, Jason Person's ascent to the presidency of SAFCO is more than just a leadership transition; it represents a bold move towards innovation and strategic excellence within the automotive finance landscape. His blend of seasoned experience and visionary outlook is poised to elevate SAFCO to greater heights, benefitting both the company and its clientele.

For more information about SAFCO and its innovative approach to automotive financing, you can visit their official website at www.gosafco.com.