Aimbridge Lending Solutions Marks 2007 With Continued Expansion.Lending solutions expert adds end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. Web-based and direct lending, helps credit unions maximize lending in 2007's dynamic environment ENGLEWOOD Englewood (ĕng`gəlw  d).1 City (1990 pop. 29,387), Arapahoe co., N central Colo., on the South Platte River, a residential and industrial suburb of Denver; inc. 1903. , Colo. -- Aimbridge([R]) Lending Solutions, a provider of direct and indirect lending services designed to connect credit union lenders to consumers, ended 2007 with strong growth and comprehensive industry offerings. The company worked with 450 credit unions to help improve their lending practices this year through their Web-based enterprise lending platform. "2007 was a year of strong progress and enhanced development for Aimbridge," explained Steve Bentley, founder of Aimbridge Lending Solutions. "We developed a foundation for a new generation of solutions that enables credit unions to capture loans through a variety of consumer product categories by connecting the lender to the consumer with a technology encompassing all direct and indirect channels. Our enterprise lending platform responds quickly to lending trends, better penetrating penetrating breaching the tissues of the body. their member base and enhancing efficiency." Aimbridge introduced several new technologies in 2007 including AimbridgeConnect[TM], Loan Generation Services and Credit Desk Support (CDS). AimbridgeConnect leverages the company's proven indirect workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. management platform to offer complete front-end lending with direct, indirect and Web-based solutions. Loan Generation Services captures member loan pre-approvals and makes them accessible to members and auto dealers via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and CDS is an underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. service that enables credit unions to provide decisions on auto loans 24/7. "Aimbridge Lending Solutions designs software that fits the needs of credit unions with future trends and advancements in mind," said Michael Gordy, senior vice president of lending at State Employees Credit Union of Maryland Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N). , "The Aimbridge team truly has a finger on the pulse of the industry, as is evidenced by their latest product offerings and the premium services that help drive a better interaction between credit unions and their members." Additionally, Aimbridge offers a national car buying service through Automotive Avenues, an alternative to the traditional dealer. The company strengthened its Web-based processes in 2007 by launching a new Web site that enables members to select a used car from a large inventory of certified See certification. vehicles or design a new car to meet their unique preferences, have it priced and then order it through Automotive Avenues. It also enhanced Web-based decisioning during the car buying process and help credit unions capture more loan growth from their members. Automotive Avenues celebrated its 20th anniversary this year and was named the nation's fifth largest independent retailer by Auto Dealer Monthly. About Aimbridge Lending Solutions Since 1984, Aimbridge Lending Solutions has partnered with credit unions and automotive dealers to market auto loans and insurance products. The company hosts a single platform through which direct, indirect and Web-based lending solutions help its partners increase automotive lending and ultimately increase revenue. The company, headquartered in Englewood, Colo., has remote offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For additional information visit www.aimbridge.com, call 1.888.400.2865 or e-mail info@aimbridge.com. |
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