ORLANDO, Fla. — Aimbridge Lending Solutions, an auto buying and lending services provider introduced an expanded suite of direct lending products here at the 2007 Florida Credit Union League Annual Convention and Exposition.
Aimbridge currently serves more than 500 credit unions nationwide and allows automotive dealerships to provide CU auto loans and other services to members. AimbridgeConnect's ability to access multiple products through any channel gives credit unions a competitive advantage, says the company. AimbridgeConnect provides complete front-end lending with direct, indirect and Web-based solutions based on a workflow management platform. The additional offerings are part of Aimbridge's ongoing efforts to address the changing needs of credit unions and their members.
The new direct lending products, including auto loans, lines of credit, home equity loans, HELOCs, credit cards, boat loans, motorcycle loans, RV loans, signature loans, and pledge loans, are captured through Internet applications submitted through CU Web sites or sent directly to Aimbridge. The company then delivers decisions based on scorecards created by each credit union.
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Users visiting the AimbridgeConnect Web site (www.aimbridge.com) can manage their direct, indirect and Web-based loan volume. The Illinois Credit Union League began using AimbridgeConnect last year and the company now does the league's credit card operations for some 200 credit unions.
Full coverage in Credit Union Times.
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