Houston, TX | October 19, 2020: North Carolina Community FCU and Credit Union Acceptance Company, LLC (CUAC) are pleased to announce that North Carolina Community FCU has joined the CUAC indirect lending program.
INDIRECT LENDING FOR CREDIT UNIONS
benefits of indirect lending
In today’s ultra-competitive market, it has become more and more difficult for Credit Unions to capture their members’ financing at the point-of-sale. CUAC puts your Credit Union at the dealership which allows you to compete for your members’ loans while significantly increasing market share by adding new member business. Our customized indirect lending solutions allow you to provide auto, boat, power-sports, RV and manufactured housing financing to your members wherever they shop.
Founded in 1998, CUAC is a Credit Union Service Organization that was created to meet the ever-changing indirect lending needs of Credit Unions. CUAC is a Credit Union owned CUSO based in Houston Texas that services over 150 credit unions in 13 states. CUAC is owned by 15 Credit Unions and offers indirect auto lending solutions for hundreds more across the United States. Our customized point-of-sale financing options offer Credit Unions the opportunity to expand their loan portfolios in a responsible manner while meeting rapidly changing technology needs.
CUAC provides turn-key products and services that allow you to retain control over risk management while maximizing each and every loan opportunity. Our goal is to assist your Credit Union in generating quality loans at a profitable return while ensuring that your members can take advantage of the convenience provided by a properly run indirect program.
By integrating CUAC’s indirect solutions, you can extend your office hours to match those of the dealership. CUAC makes it simple with our suite of customizable products for your Credit Union to expand its auto loan portfolio while retaining existing membership loans and greatly increasing new member growth.
REVIEWS FROM CLIENTS
Plus4 Credit Union and Credit Union Acceptance Company, LLC (CUAC) are pleased to announce that Plus4 CU has joined the CUAC indirect lending program.
Credit Union Acceptance Company, LLC (CUAC) is pleased to announce that 1ST Gateway Credit Union has joined the CUAC network of credit unions.