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Aimbridge Lending Solutions Enhances AimbridgeConnect

June 19, 2007

Orlando, Fla. — Aimbridge Lending Solutions, an integrated provider of multi-channel, multi-lender auto buying and lending services, has introduced an expanded suite of direct lending products.

AimbridgeConnect now offers complete front-end lending with direct, indirect and Web-based solutions based on its indirect workflow management platform.

Aimbridge specializes in providing products to credit unions and dealerships throughout the country that allow members to get approval auto loans. Aimbridge currently serves more than 500 credit unions in the United States.

AimbridgeConnect's new direct lending products, which include auto loans, lines of credit, home equity loans, home equity lines of credit, credit cards, boat loans, motorcycle loans, RV loans, signature loans and pledge loans, give Aimbridge the ability to capture Internet applications that are submitted through credit union Websites, or credit unions can send them to Aimbridge directly.

The company then delivers decisions based on scorecards uniquely created by each of the credit unions.

"The biggest benefit to our customers is the fact that the direct lending products are an extension of Aimbridge's existing technology," said David Lindsey, vice president of technology and product development at Aimbridge. "Everything was built on the same platform, so customers are able to use the same proven tools and tracking elements that are already available to them with AimbridgeConnect.”

Users can visit the AimbridgeConnect Website where they are able to manage their direct, indirect and Web-based loan volume.

"All of the direct products are both scaleable and customizable, which allows credit unions to use AimbridgeConnect in the way that best fits the needs of their organization and its members," said company officials.

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