IMAGINE CREDIT UNIONS:
- Transforming their loan portfolio performance with improved yield
- Adding more new members daily
- All while continuing to steward member deposits safely according to their mission
Now imagine that happening through indirect auto loan programs. Hard to do, right?
Three things have changed the game:
1) The age of the Internet
2) Billions in auto manufacturer ad dollars
3) Auto dealerships changing their business model to ramp up financing options aggressively
All this has created a perception for consumers that their next car comes pre-packaged with a payment – and made the indirect loan market a new reality.
That’s where Proforma® comes in. We’ve developed an innovative end-to-end solution to help credit unions reclaim local market share from national lenders. We use modern analytics to accurately characterize low-risk solutions and bundle services from origination, service, and risk guarantee. Perhaps most of all, we see incredible opportunity in local communities and those living there with slightly below prime credit scores. These are your next members. They need credit unions! Proforma makes the connection.
