Indirect Lending Releases Upgrade

Published November 21, 2008, 1:51 p.m. EST

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Updated August 27, 2020, 12:56 a.m. EDT

1 Min Read

SALT LAKE CITY - Indirect Lending Technologies' indirect lending system is getting an overhaul as the company announced a major upgrade to the solution. According to ILT's president, the upgraded version of Professional Indirect Lending System combines the functionality of a direct loan origination system with the convenience of a typical indirect system. This technology automates and manages the loan application whether completed by the consumer or the provider. The system was originally was originally designed to support "lifestyle lending" loans, but expanded usage compelled the company to make some changes, it reported.

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For info: www.iltech.us.

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