Indirect Lending Solutions was established in 2002 by South Carolina Federal Credit Union in order to provide other credit unions the opportunity to take advantage of the benefits of indirect lending without having to manage the complexities of starting their own program. In our first quarter, we processed 298 loan applications for our client credit unions. Less than three years later, the number of loan applications per month had grown to 1,300!
Our success is based on the knowledge obtained while developing South Carolina Federal’s successful in-house indirect lending program that was started in 1992. That experience provided Indirect Lending Solutions with the perspective needed to create a program that is easy for credit unions to manage, as well as cost effective. When you select Indirect Lending Solutions to help you with your indirect lending needs, you can be confident that the process is smooth for your credit union, your member, and your partner dealership.
Indirect Lending Services is supported by a top-notch staff that has over 100 years of combined lending knowledge, as well as extensive dealer experience. This team helped make South Carolina Federal’s indirect lending program one of the best in the country and is ready to assist your credit union.