CU Direct to Preview Highly Anticipated New CUDL Lending Platform at NADA
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, 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 learn more about the CUDL Platform or other CU Direct products please contact your MCUL & Affiliates League Representative or Alan Babcock at 800-262-6285.