CU Direct to Preview Highly Anticipated New CUDL Lending Platform at NADA

New CUDL Empowers Dealers with Faster Funding and More “Yes.”

Las Vegas, NV | April 2, 2016

With the NADA ’16 Conference as the backdrop, CU Direct’s CUDL, the nation’s largest auto lending network for credit unions, is introducing its new CUDL lending platform to auto dealers.

Redesigned specifically with dealers in mind, the new CUDL Platform empowers dealers to sell more cars, with an improved interface and simpler navigation. The platform has been enhanced to make it easier than ever for dealers to access pre-approvals, get instant decisions on applications and receive faster funding.

Critical financing information and status are now available on the platform’s home screen, streamlining the entire interface and eliminating multiple screens and clicks, greatly simplifying the entire financing process for dealers. CUDL connects CU Direct’s 12,600 dealers instantly with 1,100 credit unions and the 41 million potential car buyers they represent nationwide.

“Our focus is on providing dealers with unique products and services that help them grow their bottom lines and extend the credit union-dealer relationship,” says Jerry Neemann, CU Direct’s executive vice president of automotive solutions. “The new CUDL provides dealers with a greatly enhanced platform to better connect with credit unions, finalize more deals, faster, and generate more revenue.”

Currently in BETA testing with numerous dealerships, the new CUDL Platform is scheduled for nationwide roll-out in early Q3 of 2016.

To discover more about the new CUDL Platform, attendees can visit CU Direct’s CUDL booth, #1337C (in the Central Hall), during the convention.

About CU Direct

For more than twenty years, CU Direct has been a lending technology leader, helping credit unions fund $211 billion in loans. More than 1,100 credit unions rely on CU Direct’s solutions to generate loans, create efficiencies, and grow membership. From CUDL, the industry’s number one auto lending platform, to the industry’s revolutionary Lending 360 Loan Origination System, and Lending Insights dynamic analytic tools, CU Direct develops the technology that helps credit unions advance their lending programs and overall portfolio success. 14,000 auto dealers nationwide use CU Direct’s automotive solutions to connect with credit unions and their members to drive sales and increase their bottom lines. For more information, visit Connect with CU Direct on Twitter and LinkedIn.