EPIC

EPIC, operated by EPIC Auto, Inc., runs a national loan payoff clearinghouse for the automotive ecosystem, replacing the manual process of collecting loan payoff information, releasing liens, and obtaining vehicle titles. Using only a VIN — no account number or SSN required — dealers, lenders, and insurers retrieve comprehensive loan account details from what the company describes as the largest connected network of vehicle lienholders in the country, submit lienholder payments electronically, confirm lien satisfaction, and expedite title release through a one-click Express Title feature. Coverage spans light- and heavy-duty vehicle classes as well as most recreational, powersports, and watercraft, with additional features such as equity payments to consumers on trade-ins, paper title tracking, lease payoffs, and dynamic reporting.

The company positions itself as a fintech, not a bank, processing payments via partner banks, and reports more than $23 billion in loan payoffs and over one million vehicle lien releases processed for dealers, lenders, and insurers across the country. By compressing the payoff-to-lien-release cycle from weeks to days, EPIC aims to help dealerships turn inventory faster, protect vehicle gross, and eliminate loan overpays and underpays. EPIC is headquartered in Garland, Texas.