Ontario, CA (PRWEB) June 27, 2013
CUDL (http://www.cudl.com), administrators of the biggest auto lending service network for credit unions in the United States, has announced that its lending network has expanded to contain ten,000 dealers.

The firm revealed that the CUDL lending network reached the record milestone with the development of over 1,000 dealers in the final year, like dealer expansion as a result of their new operation in Quebec, Canada. The CUDL network includes far more than 1,050 credit unions, representing 35 million members nationwide. CUDL credit unions have seasoned 16% development in funded loans thus far in 2013.

For far more than 20 years, CUDLs credit union auto lending network has offered credit unions the potential to assist members and consumers achieve credit union financing at the dealership, and helped dealerships sell more automobiles.

“I congratulate CUDL for reaching the considerable milestone of ten,000 dealers utilizing the CUDL program,” notes John Lund, president and CEO of Riverdale, Utah-primarily based America First Credit Union, and chairman of CUDLs Board. “This indicates just how relevant the solutions of CUDL are to dealers all through the nation. The outstanding items and services supplied by CUDL offer a winning resolution for dealers, credit unions, and most importantly credit union members.”

“We have actually enjoyed our partnership with CUDL over the final six years. It has supplied us with the chance to reach a larger buyer base, that being the credit union member,” says Tim Rivers, finance director for San Antonio, Texas-based Gunn Honda. “With the CUDL platform we have also been introduced to new lenders that were unavailable to us prior to the relationship being formed. In addition, with the SMARTFund feature, we are being funded a lot more rapidly, decreasing our Contracts in Transit, and escalating our cash flow.”

About CU Direct Corporation

Established in 1994, CU Direct Corporation has helped the credit union business fund over $ 120 billion loans by getting the nations leading lending resolution provider for credit unions. Representing more than 1,000 credit unions, CU Direct specializes in options that help credit unions generate loans, manage threat and supply value to members. CU Direct Corp. delivers a diverse, extensive library of goods and services developed to assist credit unions advance their lending programs and attain overall portfolio achievement. Options incorporate CUDL, Lending Insights, Lending 360, OnSpot Financing, Vero, and its suite of auto purchasing merchandise. For far more data about CU Direct Corporation pay a visit to http://www.cudirect.com.





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