MINNEAPOLIS — Through the use of its Rembrandt Lending System, Wolters Kluwer Financial Services said Indiana University Credit Union has reduced time spent documenting business loans by 50%.
Allan Buhr, senior credit analyst for $560 million Indiana University CU, said he was impressed with Rembrandt's flexibility and time-saving features.
"We can work on several loans at once," Buhr said. "Other systems require you to completely finish documenting one loan before you can move on to another. Rembrandt lets us work in a way that's convenient for us. And that let's us get things done more quickly."
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More than 500 U.S. credit unions now use Wolters Kluwer's business lending documents directly or through a CUSO, according to Wolters Kluwer.
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