Pennsylvania Credit Unions and Dealers Now Have Option for Easy Entry into Indirect Lending
Englewood, CO (May 9, 2011)
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CRIF Select, part of CRIF Lending Solutions, today announced their expansion into the Pennsylvania indirect lending market. With this addition, CRIF Select, formerly Aimbridge and FLS, now serves 17 markets with their full suite of indirect and direct lending solutions. Expansion into additional markets is planned for later this year.

Thanks to CRIF Select's most recent expansion, Pennsylvania credit unions and auto dealers now have access to fully outsourced indirect auto lending products, including:

  • Underwriting Criteria Technology – Whether a credit union needs a full service auto loan processing program or a stand-alone technology, CRIF Select provides credit unions with turnkey technology support to automate their loan underwriting criteria and rate sheets. This includes the ability to adjust underwriting guidelines and offer new programs to respond to unique market demands.
  • Dealer Management and Representation – Ensures that relationships and partnerships with auto dealers and other loan channel partners are properly grown, managed and maintained.
  • After Hours Underwriting – Ensures that loan applications and credit checks can be processed automatically after hours. This provides greater opportunity for credit unions to book loans 24 hours a day, seven days a week.
  • Leasing Support - Allows credit unions and CUSOs to offer and support a leasing option. Through LeaseTrack, CRIF Select's proprietary lease management tool, automated decisions can be made on lease applications submitted through the CRIF Select network of dealer partners.
  • Online Auto Shopping - WhereMembersBuy.com, CRIF Select's online auto shopping service, allows credit unions to engage with their members on the internet to capture more member loans.
  • Merchant Lending - A point of sale lending program allowing local merchants the ability to generate, submit, and close loans on site. This product can also be a great lead generator solution for small business lending.

With a proven track record of success, CRIF Select's solutions are designed to allow easy entry into the indirect lending market for credit unions and dealers alike.

About CRIF Lending Solutions
CRIF Lending Solutions, comprising Aimbridge, APPRO, Cypress, FLS, Magnum and TERES, supports 650 of the most successful large and small U.S. banks, credit unions, credit card processing and financial institutions. Our complete suite of solutions increases productivity and profitability and are core system and data provider independent. These comprehensive offerings include loan origination systems for consumer, business, and point of sale lending as well as business process outsourcing for indirect lending, data aggregation, analytics and account opening. With over $137 million dollars in equity, CRIF Lending Solutions is part of CRIF, a global company specializing in the development and management of decision support systems worldwide.

Press inquiries:
770.541.4567
info@criflending.com