Aimbridge® Expands Indirect Lending Services With Integrated Loan Application Pre-Approvals

ENGLEWOOD, Colo., Nov. 11, 2010 /PRNewswire/ -- CRIF Lending Solutions -- Aimbridge®, a provider of integrated multi-channel, multi-lender auto buying and outsourced lending services, today announced a new service offering that will allow Aimbridge clients to have their member loan pre-approvals automatically accessible in the DealerTrack, RouteOne and AppLine dealer application portals, as well as online through WhereMembersBuy.com™. The service will make it faster for members to have their auto loans approved and funded. In addition, it will help credit unions and CUSOs capture up to 70 percent of their member auto loans by making pre-approvals more readily accessible.

"The ability to provide dealers with access to loan pre-approvals when members need to make purchases will provide a better overall lending experience," said David Lindsey, President of Aimbridge. "It's a win for our dealer partners, members and our CUSO and credit union clients."

The new service offering from Aimbridge helps credit unions and CUSOs put member loan pre-approvals to work by making them easier to access when members need them for everything from auto and recreational vehicles to boat and motorcycle purchases. The offering is part of a suite of services Aimbridge provides, including indirect lending, indirect leasing, after hours underwriting, and online auto shopping.

For more information on Aimbridge, visit www.aimbridge.com/services or www.criflendingsolutions.com.

About Aimbridge Indirect Lending, LLC

Now a CRIF company, founded in 1984, Aimbridge Indirect Lending, LLC is a provider of integrated multi-channel, multi-lender auto buying and lending services, which markets auto loans and insurance products through partnerships with financial institutions and auto dealerships. Ambridge's turn-key solutions include indirect auto loan origination processing, funding, and loan closing, direct lending systems, after hours underwriting support services, imaging and document management technologies, and aggregated online inventory shopping and lending websites.

About CRIF Lending Solutions

CRIF Lending Solutions, comprising Aimbridge, APPRO, FLS, Magnum and Teres, supports over 500 of the most successful large and small U.S. banks, credit unions and financial institutions. Our complete suite of solutions increases productivity and profitability and are core system and data provider independent. These comprehensive offerings include loan origination systems for consumer, business, and point of sale lending as well as business process outsourcing for indirect lending, data aggregation, analytics and account opening. With over $100 million dollars in equity, CRIF Lending Solutions is part of CRIF, a global company specializing in the development and management of decision support systems worldwide.

Aimbridge is a registered trademark and AimbridgeSelect is a trademark of CRIF Corporation. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.

SOURCE Aimbridge Indirect Lending, LLC