Open Lending Announces Expanded Partnership With Integrated Lending…

Open Lending Lenders Protection

“We value this flourishing partnership and demeanour brazen to a continued jointly profitable outcomes for both Open Lending and ILT. Further, a event to capacitate a lender clients to contend YES to some-more automotive loans means a good understanding to us,” settled John Flynn, Open Lending’s President and CEO

Open Lending, LLC is gratified to announce it has stretched a longtime attribute with Integrated Lending Technologies, LLC (ILT) by ILT’s extended Allegro Lending Suite. Based in Salt Lake City, ILT was a really initial Loan Origination System (LOS) partner to be combined fifteen years ago, to Open Lending’s now immeasurable apartment of LOS partners.

The Allegro™ Lending Suite represents ILT’s subsequent era of absolute loan fad software, enabling lenders to conduct input, routine data, respond to patron inquiries and accommodate correspondence mandate some-more well than ever. Three eccentric modules, Dealer, Branch and Provider reside in Allegro’s Loan Origination Platform.

ILT and a Allegro™ Lending Suite have done poignant automation updates on their complement that will hoop Open Lending’s focus upsurge really well for lender clients. With this partnership, Open Lending will be means to offer an softened and some-more extensive knowledge for a clients.

“We value this flourishing partnership and demeanour brazen to a continued jointly profitable outcomes for both Open Lending and ILT. Further, a event to capacitate a lender clients to contend YES to some-more automotive loans means a good understanding to us,” settled John Flynn, Open Lending’s Co-Founder, President, and CEO.

Allegro™ replaces ILT’s strange DILLS™ and PILS® systems and includes vital automation enhancements to a comparison systems. The association has softened a product and use capabilities to softened offer a clients with increasing automation and stretched features.

Open Lending and ILT have begun a vital selling debate to co-promote a extended Allegro™ Lending Suite to support expansion for their mutual customer bases in a entrance months and years.

Will McGregor, ILT’s President and CEO said, “We’re really gratified to be means to continue a attribute with Open Lending with this severely softened formation of a dual systems. Our lender clients are going to be really gratified with this poignant ascent and with a stretched lending opportunities it will enable.”

ABOUT OPEN LENDING, LLC

Founded in 2000, Open Lending, LLC works exclusively with automotive lenders by providing loan analytics, risk-based pricing, risk displaying and programmed preference technology. Based in Austin, Texas, a association services over 400 financial institutions nationwide. Through a exclusive technology, a Lenders Protection Program, financial institutions precedence absolute collection and customized analytics to safeguard approach and/or surreptitious loan capitulation decisions in seconds. Lenders are empowered to boost nearby and non-prime automotive loan volumes and yields with a word of “A” rated word carriers, preventing additional risk to their loan portfolio. Lenders Protection, LLC is a unconditionally owned auxiliary of Open Lending, LLC.

To learn some-more about Open Lending, revisit http://www.openlending.com.

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ABOUT INTEGRATED LENDING TECHNOLOGIES, LLC

Integrated Lending Technologies (ILT) has been providing innovative record solutions for a lending attention given 2001 when it expelled a initial chronicle of DILLS™. ILT’s latest recover is a Allegro™ Lending Suite, a cloud-based loan fad complement comprised of 3 modules, one for surreptitious (Dealer), another for approach (Branch) and a third for lifestyle lending (Provider). This new ILT complement includes an unusually versatile programmed decisioning system, regulatory correspondence tools, vast stating capability and formation with any core government system. And, like a predecessors, Allegro™ includes options to make it a ultimate government apparatus for CUSOs and other lending managers.

To learn some-more about Integrated Lending Technologies, revisit http://www.allegroloan.com.

MEDIA CONTACT

Cami Gueguen

CAMIO PR LLC

cami(at)camiopr(dot)com

512.415.5460

http://www.camiopr.com

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