Indirect Lending Technologies of Salt Lake City said its Web-based indirect lending system now integrates with the collateral management system from VINtek.
About 90 credit unions are currently using ILT's Dealer Indirect Lending and Leasing System, an end-to-end solution that manages loans from dealer to funding to data entry into the core system.
DILLS now integrates with the VINtekTIME system that records and stores lien data while providing the reporting information required to detect and fix lien exceptions.
"The automated download we have just completed means that DILLS users will not be required to manually enter any data into VINtek's system," said William McGregor, president of ILT.
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