Venture Eyes Indirect Market For SmallCUs

January 07, 2005, 1:00 a.m. EST 1 Min Read

AUSTIN, Texas - (01/07/05) -- Teres Solutions Inc. said it hasteamed with Southwest Business Corp. to market an indirect lendingsolution for small credit unions. Under the deal, SouthwestBusiness will bundle Teres Solutions' Software Application forIntegrated Lending, known as SAIL, with its own insurance productsand other offerings. Credit unions will benefit from discounts onthe SAIL software. Southwest Business said it will also providesoftware licensing and service options for SAIL to help smallercredit unions build indirect loan programs.

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