Internet Lending Will Generate Increased Pipeline Activity and Improved Customer Service
 The First Data fxlendingSM solution is a browser-based lending application platform, delivered through an application service provider model, which enables financial institutions to offer 7 by 24 services to their consumers from their website with an Internet-accessible loan application.
In addition to increasing loan volumes with this available pipeline source, it serves account holders quickly by offering a convenient channel to initiate the application with their institution.
This platform will also:
- Reduce loan processing costs 20 to 30 percent
- A full range of lending products, including auto, motorcycle, recreational vehicle, marine, unsecured loans and real estate.
- The application is secured using a unique name and Passcode
- Empowers the consumer to submit a completed application for immediate review
- Presents customizable disclosures to consumers as they complete the online application
- Provides online messaging to the consumer and collects contact data to be used for future interaction
- Provides useful tools to allow the application to be printed or imported by the officer for review processing
- Easy retrieval of the loan application for loan officers and managers with a backend tool
Take the next step with fxLending Internet loan applications to inexpensively expand your lending channels. Customers will appreciate the secure easy-to-use, easy-to-return-to applications while you leverage your Web site communication channel. |
