CRIF Select Rolls Out Indirect Auto Lending Solutions to Colorado Credit Unions and Dealers

​CRIF Select, a division of CRIF Lending Solutions, today announced the expansion of its outsourced lending solutions for credit unions and auto dealers into the Colorado indirect lending market. With this addition, CRIF Select (formerly Aimbridge and FLS) now serves 19 markets with its full suite of indirect and direct lending solutions, and has plans to launch in additional markets later this year.

“We have participated in indirect auto lending since the late 90s and recently made the switch to CRIF Select. I like their approach to the market and the expertise they bring in developing dealer relationships. Their staff is very responsive and supportive of my credit union’s needs,” said John Burke, CEO of Westminster Federal Credit Union – one of CRIF Select’s newest Colorado credit union clients.

CRIF Select’s fully outsourced indirect auto lending services, which are designed to allow easy entry into the indirect lending market for credit unions and dealers alike, include dealer management and representation, after-hours underwriting, leasing support and the ability to adjust underwriting guidelines and offer new programs to respond to unique market demands. In addition, WhereMembersBuy.com, CRIF Select’s online auto shopping service, gives credit unions the ability to engage with their members on the Internet to capture more member loans, and gives auto dealers the opportunity to connect local credit union members with their inventory.

For lenders looking to explore different channels for loan volume, CRIF Select also offers merchant lending services. This point of sale lending program allows local merchants to generate, submit and close loans on site, and can be a great lead generation solution for small business lending. 

About CRIF Lending Solutions
By bringing together the automated lending technology and services of Aimbridge, APPRO, Cypress, FLS, Magnum and Teres, CRIF Lending Solutions provides loan and account origination, business process outsourcing, credit decisioning, data access and analytics solutions to 650 of the U.S.’s most successful financial institutions including banks, credit unions, finance companies, retailers and credit card processors. CRIF Lending Solutions is organized into four dedicated divisions: CRIF ACTion includes APPRO, Cypress and Teres products; CRIF Select includes Aimbridge and FLS services; CRIF Synergy features Magnum products; and CRIF Achieve offers cost-effective, analytic decision management solutions. With over $137 million dollars in equity, CRIF Lending Solutions is a part of CRIF, a global company specializing in the development and management of decision support systems worldwide.