Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced its integration with RouteOne, a leader in the indirect auto financing space. The integration will ensure community financial institutions can create a streamlined and efficient buying experience for their customers at an auto dealership.
RouteOne’s indirect auto financing software creates efficiencies in data collection and credit applications by leveraging web-based technologies and electronic application processes. The result is a faster vehicle financing process. By collaborating with Abrigo and creating an integration with the Sageworks Loan Origination Software, banks and credit unions using Abrigo’s Sageworks lending software can support their customers and members in the car loan process. Having a streamlined system from the dealership and continuing through to the financial institution ensures data integrity, efficiency, and, most importantly, a faster consumer lending process.
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With critical features like direct import into Dynamic Application, instant loan decisioning, and direct communication between the financial institution and the dealership, the Abrigo LOS system gives banks and credit unions a flexible and powerful consumer lending tool for indirect auto loans. “Community banks and credit unions are always looking for ways to support their customers and members. At Abrigo, we never lose sight of that goal, making sure every feature, every function of our products drives toward a better customer experience”, said Jay Blandford, President of Abrigo.
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Amber Haseley, Director, Customer Relationships at RouteOne, states, “RouteOne is pleased to announce the availability of Abrigo with our platform. We have a shared interest in continually streamlining the vehicle financing process and serving our dealer customers with innovation and efficiency. In addition, this integration builds an infrastructure that will make it easy for any of Abrigo’s participating financial institutions to harness the power of RouteOne’s technology and best serve their dealer customers.”
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