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Teres Solutions Unveils Lending Module

AUSTIN, Texas -- Teres Solutions has rolled out a new lending module aimed at letting credit unions tap into the indirect market for everything from lawn mowers to health care, the company said.

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AUSTIN, Texas — Teres Solutions has rolled out a new lending module aimed at letting credit unions tap into the indirect market for everything from lawn mowers to health care, the company said.

The SAIL Merchant Lending solution handles loan applications (including closed- and open-end and credit card accounts) and automated or manual approvals through a Web-based interface between the point of sale and the credit union, CUSO, bank or finance company, the company said.

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