Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
SAIL platform allows CUs to tap into P.O.S. lending
AUSTIN, Texas (10/30/08)--Teres Solutions, a provider of direct and indirect lending software to credit unions, announced the availability of its SAIL Merchant Lending module, which aims to connect local lenders with more opportunities to grow their business through the retail finance market. The module allows credit unions, credit union service organizations and finance companies the ability to submit point-of-sale (POS) loan applications. Lenders can respond with automated instant approvals or human-reviewed approvals. Other features include a Web-based interface, two-way communications, document delivery and multi-loan support. Texas Dow Employees CU, Lake Jackson, Texas, has deployed the module. The technology will help the credit union expand its loan portfolio, said Lance Wortham, vice president of business services. The credit union has $1.3 billion in assets.


RSS





print
News Now LiveWire
App puts #CUNAGAC in palms of attendees' hands #NewsNow http://t.co/piabPHIGb5
58 minutes ago
App puts #cunagac in palms of #creditunion attendees' hands http://t.co/2XZC3LWw6Z
2 hours ago
Breaking at #NewsNow: @CUNA files amicus brief in Florida interchange case. http://t.co/gWSBjCtSD7
2 hours ago
What is the @NCUFoundation ? Watch this Foundation video: http://t.co/iC6XoInU7r
5 hours ago
Follow @cumagazine for even more #CUNAGAC live-action reports March 8-12 #creditunion #creditunions #UniteForGood
7 hours ago