ARC Systems Snapshot
ARC Systems develops loan origination software for lenders focused on the subprime market. It provides its products using the software-as-a-service model, owning and managing systems that clients access via Web browsers. The company also offers a software tool designed to help consumers manage credit card debt. ARC's clients have included First Franklin Financial, Sovereign Bancorp, and the Virginia Housing Development Authority. The Jones family, including founder and CEO Ed Jones, owns the majority of the company. ARC Systems was founded in 1984.
