Teledata Communications Partners WithLending Solutions

January 10, 2006, 1:00 a.m. EST 1 Min Read

HAUPPAUGE, N.Y. - (01/10/06) -- Teledata Communications Inc. saidMonday it has signed with Lending Solutions Inc. to enhance loanorigination and workflow for indirect lending for credit unions.The deal will combine TCI's DecisionLender software, a web-basedloan origination and automated processing system, with LSI's onlineunderwriting solution. DecisionLender automatically prepares a filefor a credit analyst's review by retrieving credit andproduct-related valuation data, calculating loan ratios, andevaluating risk against the credit union's specificcriteria.

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