Aimbridge Powers Up Indirect LoanProcess

Published May 17, 2005, 1:00 a.m. EDT

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Updated August 27, 2020, 2:29 a.m. EDT

1 Min Read

DENVER - (05/17/05) -- Aimbridge Indirect Lending hasunveiled a new technology interface that directly links borrowers'lending data with credit union core processing systems. Thecompany's Power Bridge system transfers data in real time, packagesit electronically, and submits it to the core processing system,thereby eliminating manual re-keying to reduce time, costs andhuman error. The system also provides credit unions with memberverification. When dealers send loan applications to credit unions,borrower information is automatically transferred and compared toAimbridge's database. The Microsoft.net-based technology allowsAimbridge to connect its lending system to any third party,including credit unions, dealerships and title databases within thestate.

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