The AUTOSOURCE and Aimbridge(R) Partnership Increases Auto Loans for Credit Unions.NAPERVILLE, Ill. -- The Illinois Credit Union League A credit union league (League) is a United States state-level trade association for credit unions, which are non-profit financial cooperatives. Credit union leagues hold a primary interest in the Credit Union National Association (CUNA). Service Corporation's AUTOSOURCE Division (AUTOSOURCE) and Aimbridge Indirect Lending have teamed up to more efficiently generate a greater number of auto loans for credit unions. Aimbridge[R] provides a national sales force to facilitate relationships with auto dealers and supply them with the technology to make loans with credit unions via the Internet. AUTOSOURCE provides indirect underwriting and processing expertise. Aimbridge offers AimbridgeConnect[TM], a suite of sophisticated lending tools that enable automotive dealers to immediately track and verify automobile loan applications from the point of application through loan funding. AimbridgeConnect[TM] enables a fast, efficient loan decisioning process. Through AimbridgeConnect[TM] dealers can access AppLine[TM], an online application system that improves the quality of information available to dealers. Those applications that are not automatically decisioned are forwarded to AUTOSOURCE who will underwrite and process the package and deliver an auto loan receivable to the credit union. From LoanTrack, dealers can originate and track the status of applications through a secure Internet portal. The result is an automated system that can take as little as 15 seconds to provide a decision on loans. "The addition of Aimbridge and their technology has helped AUTOSOURCE greatly improve the auto loan volumes it delivers to credit unions. We realize how important auto loan receivables are for credit unions and we want to enlist every tool we can to help improve volumes, quality, and efficiency," said George Fiegle, LSC LSC Learning and Skills Council LSC Legal Services Commission (UK) LSC Legal Services Corporation LSC Lyndon State College (Lyndonville, VT) LSC Learning Skills Council LSC Life Safety Code executive vice president. Note 1: Part of the Illinois Credit Union League, the ICUL ICUL Illinois Credit Union League ICUL Indiana Credit Union League Service Corporation offers fee-based products and services and is dedicated to helping credit unions compete. Its services include auto loans; collections; credit, debit, EFT, and ATM cards; item processing; marketing/advertising; mortgages; and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. . Note 2: Founded in 1994, Aimbridge markets auto loans and insurance products through partnerships with financial institutions and auto dealerships. Aimbridge Lending is comprised of two divisions: Aimbridge Indirect Lending and Aimbridge Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . The company is headquartered in Englewood, Colorado Englewood is a city in Arapahoe County, Colorado, USA. As of 2005, the city is estimated to have a total population of 32,350.[5] It is part of the Denver-Aurora Metropolitan Area. , and 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 more information, please visit our website at www.aimbridge.com. |
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