Strengthen Dealer Relationships with Indirect Lending

By Rene Figueroa October 2023   Building strong dealer relationships is a proven strategy that credit unions can leverage to distinguish themselves and attract new members in the highly competitive financial landscape. Credit unions can solidify their position as the preferred financing partner by combining the power of indirect lending with dealer partnerships based on[…]

Indirect Lending: Driving Growth and Competition for Credit Unions

By: Jeff Zaccaria October, 2023 Embracing indirect lending programs presents a powerful and strategic opportunity for credit unions to not only stand out but also gain a competitive edge in the market, effectively countering captive finance companies, national and regional banks, and even local competitors. Amid today’s fiercely competitive financial landscape, the implementation of indirect[…]

Adapting Indirect Lending for Success: Factors Reshaping the Industry

By Kurt Howard September 2023 The world of lending is in a constant state of evolution, and 2023 is proving to be no different. Beyond the well-known trends, such as digital transformation and personalized experiences, several other pivotal factors are set to shape the indirect lending industry this year. We will explore these factors and[…]

Information is Power – Without Analytics, Indirect Lending Can Be Dangerous

By: John Riley August 2023 Indirect lender credit unions without a powerful business intelligence analytics tool expose themselves to unnecessary additional risk. With Credit Union Acceptance Company (CUAC), a credit union-owned company, our customers harness the power of Microsoft Power BI to transform raw data into interactive and visually appealing insights, enabling better decision-making and[…]

Embracing Direct and Indirect Auto Lending Programs for Growth

By Kurt Howard August 2023 In the competitive world of financial institutions, credit unions have earned recognition for their member-focused approach and personalized services. Today, a strategic blend of direct and indirect lending has become essential for credit unions aiming to attract new members and expand their auto loan portfolios. While direct lending is crucial[…]

A Practical Approach to Cost-Effective Indirect Lending

By John Riley July 2023 It is no secret that today’s financial landscape is highly competitive, and credit unions continually seek cost-effective solutions to strengthen their lending capabilities. This article explores how credit unions can leverage innovative and flexible indirect lending programs to optimize their lending operations while minimizing unnecessary expenses. By partnering with CUAC,[…]

Unleashing the Power of Customization: Advantages of Tailored Indirect Lending Programs for Credit Unions

By: Kurt Howard June 2023 Finding the ideal lending solution is complex, especially in the rapidly evolving landscape of credit unions. Recognizing the significance of customization, credit unions are increasingly embracing tailored indirect lending programs. This article delves into the benefits of customizing such programs, empowering credit unions to achieve their lending goals efficiently. Enhanced[…]

Leveraging Data and Reporting Tools for a Successful Indirect Lending Program

By: Vicky Kinsey June 2023 In the fast-paced world of finance, staying on top of data and utilizing robust reporting tools is crucial for running a successful indirect lending program. With the advent of advanced technologies, credit unions now have access to powerful solutions that provide real-time data analysis and comprehensive reporting capabilities. One such[…]

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