Company Information

Get to know fortegra - south bay acceptance corp (sbac)

Founded in 1996 and now part of the Fortegra family of companies, South Bay Acceptance Corporation (SBAC) is a leading financial services provider in the subprime automotive lending industry. The company's mission is to help consumers with credit challenges secure financing to purchase a quality vehicle. SBAC operates by purchasing and servicing retail installment contracts from its network of both independent and franchised automobile dealers, focusing on building long-term, service-oriented relationships.

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fortegra - south bay acceptance corp (sbac)

United States

Founded in

1993 (33 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.