An indirect lending program supported by Indirect Lending Solutions could be the answer to your credit union’s lending needs, as well as your members’ needs.
Member Convenience
Members appreciate the convenience of financing their loan through their credit union without having to leave the dealership. It makes members more likely to do business with your credit union rather than your competitor and helps build a positive member relationship. The online software provided by Indirect Lending Services facilitates a smooth process from start to finish for both the member and the dealer.
Loan Portfolio Growth
A successful indirect lending program without a sizable investment is possible when you choose Indirect Lending Solutions to help you. When members have the opportunity to finance their auto and boat loans at the dealership through your credit union, your loan volume has the potential to increase dramatically. Since payment to Indirect Lending Services is calculated per loan application, your indirect lending costs are very reasonable.
Credit Union Awareness
Indirect lending using our services allows you to take advantage of your competitive rates and deliver the credit union difference to potential members who may not be aware of their eligibility. What could be better than starting a new member off with a loan?
Through our unique program, your credit union is able to retain control of the lending process with minimal effort and expense. We value our partnerships with client credit unions and take pride in giving your credit union the opportunity to capitalize on its strengths while supporting your success.