EPL To Market LAPS Commercial Loan System
EPL, the credit union-owned core data processor, has reached an agreement with Salem Associates to exclusively market the "LAPS" commercial loan system to the credit union industry. The Lending Automation Processing System, or LAPS, streamlines, automates and integrates every aspect of the commercial lending process, the company said. "It dramatically reduces the amount of paperwork and expensive manpower usually required to process commercial loans." For info: 800.243.4375 ext. 57.