•  
• AIMBRIDGE NEWS
• EVENTS

Aimbridge News Detail

ENGLEWOOD, Colo. Feb. 19, 2008 – Aimbridge Lending Solutions, a provider of direct and indirect lending services designed to connect credit union lenders to consumers, ended 2007 with strong growth and comprehensive industry offerings. The company worked with 450 credit unions to help improve their lending practices this year through their Web-based enterprise lending platform.
 
“2007 was a year of strong progress and enhanced development for Aimbridge,” explained Steve Bentley, founder of Aimbridge Lending Solutions. “We developed a foundation for a new generation of solutions that enables credit unions to capture loans through a variety of consumer product categories by connecting the lender to the consumer with a technology encompassing all direct and indirect channels. Our enterprise lending platform responds quickly to lending trends, better penetrating their member base and enhancing efficiency.”   
 
Aimbridge introduced several new technologies in 2007 including AimbridgeConnect^TM, Loan Generation Services and Credit Desk Support (CDS). AimbridgeConnect^TM leverages the company’s proven indirect workflow management platform to offer complete front-end lending with direct, indirect and Web-based solutions. Loan Generation Services captures member loan pre-approvals and makes them accessible to members and auto dealers via the Internet and CDS is an underwriting service that enables credit unions to provide decisions on auto loans 24/7.
 
“Aimbridge Lending Solutions designs software that fits the needs of credit unions with future trends and advancements in mind,” said Michael Gordy, senior vice president of lending at State Employees Credit Union of Maryland, “The Aimbridge team truly has a finger on the pulse of the industry, as is evidenced by their latest product offerings and the premium services that help drive a better interaction between credit unions and their members.”
 
Additionally, Aimbridge offers a national car buying service through Automotive Avenues, an alternative to the traditional dealer.  The company strengthened its Web-based processes in 2007 by launching a new Web site that enables members to select a used car from a large inventory of certified vehicles or design a new car to meet their unique preferences, have it priced and then order it through Automotive Avenues. It also enhanced Web-based decisioning during the car buying process and help credit unions capture more loan growth from their members.
 
Automotive Avenues celebrated its 20th anniversary this year and was named the nation’s fifth largest independent retailer by Auto Dealer Monthly. 

About Aimbridge Lending Solutions

Since 1984, Aimbridge Lending Solutions has partnered with credit unions and automotive dealers to market auto loans and insurance products.  The company hosts a single platform through which direct, indirect and Web-based lending solutions help its partners increase automotive lending and ultimately increase revenue.

The company, headquartered in Englewood, Colo., has remote offices throughout the United States.  For additional information visit www.aimbridge.com, call 1.888.400.2865 or e-mail info@aimbridge.com.