Just in time for phase one of Wisconsin's new electronic lienand title program, VINtek said it was recently approved as aprovider of the services.

The Philadelphia-based firm provides automotive collateralmanagement services and direct auto finance solutions for banks,credit unions and other auto finance institutions.

As a result of Wisconsin Act 32 passed in 2011, any automotivetitle with a lien will be sent to the lienholder, not the borrower,as was previously the practice, according to VINtek. This change went into effect on July 30.

The first phase of Wisconsin's implementation supportselectronic delivery of titles with liens for lenders who sign upwith an authorized service provider. Phase two, which is scheduledfor implementation by the end of the year, will support lienreleases and other functions.

VINtek said lienholders who sign up for ELT can avoid receivingpaper titles and instead will receive a digital record with thelien and title information.

With the addition of Wisconsin, 17 states, including Georgia and Florida, have now adopted an ELT program, accordingto VINtek.