DENVER – Aimbridge Lending Solutions, the populat indirect lender for credit unions, said yesterday it has signed with DealerTrack Holdings to connect its indirect lending program for credit unions with DealerTrack’s auto dealer network.
The deal will combine DealerTrack's network of more than 22,000 auto dealers nationwide with Aimbridge's proprietary credit union filtering process. Dealerships can use DealerTrack to make an automated request to Aimbridge's lending system to determine whether the applicant is pre-approved at any credit union, is already a credit union member, or fits any of the other various filters the Aimbridge system supports.
Dealers can then select an appropriate credit union and submit the loan application to Aimbridge, where it is processed through its integrated lending workflow system on behalf of the lending credit union.
