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Great Eastern Resort Corp.

Gets Results with Equiant’s Servicing Tools:


Platform, eqConnect, eqDashboard and eqLearning

Charlottesville, Virginia-based Great Eastern Resorts Corp. has improved its collections and loan
servicing using tools from Chandler, Arizona-based Equiant.

Chandler, AZ, November 12, 2019 --(PR.com)-- Since migrating to Equiant's loan servicing platform,
Great Eastern Resorts Corp. has transformed its loan servicing department. “A year ago, we couldn't call
every account within a month, now we can contact every account in a day if we need to,” says J. Michael
Stover, developer loan servicing manager for the Charlottesville, Virginia-based resort operator and
developer. “In addition, using Equiant's eqDashboard, we can track results in real time, giving us a better
handle on performance across all metrics.”

Great Eastern, the developer of Massanutten Resort, began by adopting Equiant's PaaS (Platform as a
Service) loan servicing modules in 2018. “We saw an immediate benefit in our ability to monitor
accounts,” Stover says. “Also, the support we receive from the Equiant team means there's always
someone available to assist us with any questions we may have.”

As an example, Stover explains that Great Eastern offers certain new owners the option of refinancing
their loan at zero percent interest with a one-year payment plan. “Before it was a struggle for our agents
to make changes to accounts, but Equiant created a custom module that allows us to do it quickly and
easily.” The refinancing program means many Great Eastern owners pay off their loans faster, so they are
less likely to have a late payment affect their ability to vacation. “It's always our goal to have our owners
vacation with us every year, so they can enjoy family time and build lifelong memories,” he says.

Then, in September of 2019, Great Eastern began using eqConnect, which is powered by NICE
inContact, the global leader in cloud contact center software, and features leading-edge cloud
functionality. The same technology that Equiant uses to simplify its own contact handling, eqConnect
features seamless campaign integration, agentless dialing, real time key performance indicators, complete
contact recordings, long-term storage, advanced recovery call routing, multi-channel contact handling,
full skill-based routing and prioritization, total contact blending, multiple dialer modes and customizable
dashboards and reports. Using the eqDashboard, which reveals business insights by turning complex data
into beautiful dashboards with easy-to-understand visualizations, Stover has been able to monitor results
in real time for both the company overall and for individual agents.

“I've been pleasantly surprised by how enthusiastic our entire staff has been about the change,” Stover
says. “It really makes their jobs easier, dialing the numbers for them and then automatically pulling up
account information. It even pulls up owners' account information when they call us, so our agents can be
productive as soon as they answer the call.”

Training was simplified by Equiant's eqLearning platform, and Stover reports that he frequently logs in
for answers to technical questions. “It's not something you'll only use when you're new to the system,
there's really a wealth of information there to help you understand all the capabilities that Equiant's tools

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provide,” he adds.

“Our goal is always to delight clients by providing the resources they need in the way they prefer to
receive them,” says Peter Moody, chief business development officer. “We continually invest in our staff,
technology and systems so that we can deliver excellence while servicing a wide range of receivables at a
compelling fee structure. Great Eastern's success confirms that our tools can help developers get the
results they're looking for.”

Equiant is one of the United States' leading structured finance servicers with a portfolio that exceeds $1.5
billion and includes more than 175,000 individual consumer loans. Its array of financial technology
products and services includes loan receivables and maintenance fee servicing on a fully hosted web
platform, PaaS receivables technology, point of sale merchant processing with PCI Level I compliance,
document custody (including digital), integrated payments, integrated reporting, integrated
communications and now integrated contact center tools for early stage recovery and delinquency control.
To learn more about Equiant's industry-leading security and receivables servicing, call Peter Moody at
(480) 636-4888 or visit www.equiant.com.

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Contact Information:
Equiant
Peter Moody
480.636.4888
Contact via Email
equiant.com
Judy Kenninger
317.858.8744 or judy@kenningercommunications.com

Online Version of Press Release:


You can read the online version of this press release at: https://www.pr.com/press-release/799216

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