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eSoftware Solutions Announces New Name, Strategic Direction and Office Company makes change to reflect growth and renewed focus on core product line
JACKSON, Miss. (January 22, 2019) – eSoftware Solutions announced earlier this month that it has changed its name to Vergent Loan Management Software and is rebranding its web-based lending solution as Vergent. In addition to the new name, the company introduced a new logo, new graphic identity and website.
eSoftware Solutions was founded in 2006 by Scott Putnam (CEO) and Terry Freeze (COO) with the launch of its first product, eCash Software, a complete financial management software solution designed to meet the needs of small lending institutions. Over the years, the product has grown to become one of the nation’s most popular loan servicing software solutions.
With the company’s repositioning, Vergent Loan Management Software will be focusing exclusively on its lending software and discontinuing the company’s eLicense and eCompliant products. According to Putnam, “Our new name represents a convergence. We are coming back to our roots to focus on our core product while expanding our product’s positioning to serve a broader variety of lenders.”
According to Freeze, “With our new name and new strategic positioning, we are simply following what the market is demanding. Our company has experienced tremendous customer growth for our loan management software, so it makes a lot of sense to center our focus there.”
In addition to the new branding, the company announced the opening of a second office in Dallas, Texas. “Dallas offered us the right combination of amenities, proximity to our headquarters and access to talent, all of which will be important for our company as we continue to grow,” said Putnam. “This is a very exciting time for us. We look forward to these changes energizing our company in our efforts to provide a superior product that our existing and new customers will love using and that stays current with their evolving needs.”
Vergent is a loan management software company based in Ridgeland, Mississippi. Founded in 2006, the company provides web-based loan management software for more than 3,000 storefront financial services organizations in the US, Canada, Mexico and Central America. The company is a five-time Inc. 5000 Honoree, reflecting their status as one of the 5,000 fastest-growing private companies in the nation.
To learn more, visit vergentlms.com.
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