Offsiteteam
Economic advantage corporation
SaaS financial solution to help people to reduce their debt
HTML5/CSS3 Java C# MS SQL
Solution
B2B/B2C SaaS platform to automate company's business processes, calculate interest rates and payment schedules
Engagement model
Technology partner
Methodology
Agile
Industry
Financial Services
Team
Engineers 5
Testers 2
DevOps 1
PM 2
UX/UI 1
Company name
EAC Corporation
Location
Port Washington, NY
Business activity
Financial Service

Economic advantage corporation

Economic Advantages Corporation (EAC) was formed in 1989 when pre-payment penalties were lifted from mortgage loans in the U.S. The Equity Savings Program has helped people across the Nation to reduce their debt and save MILLIONS of dollars in interest expense. In 2000, EAC was the first to introduce this concept to the automotive industry. EAC's record of service has been nothing less than outstanding, listed with Dunn & Bradstreet and having an A+ rating with the Better Business Bureau of which it has been a member since 1992.

Case highlights

Loan Acceleration
Automated Bill Payment
Customized Bill Payments
SaaS Business platform
Interest rates calculation
Payment Processing
Client-server

Challenge

Economic Advantages Corporation has been successfully running its offline Equity Savings Program for more than a decade when they realized that by going online they might significantly expand their customer’s base and save on many manual operations they had to perform. At that point, Offsiteteam was chosen as a technology partner.

Solution

Offsiteteam totally understood that time is money in this case and we came up with a first public version of a web presence in just a month, allowing EAC to announce it in media and start expanding its customer base right away. In the following years we have built a system which covers end-users’ personal area, broker’ customer area and many reporting and aggregating capabilities.