ISLANDIA, N.Y., Feb. 14, 2017 /PRNewswire/ -- Teledata Communications Inc. (TCI) (www.tcicredit.com), a provider of cloud-based loan origination solutions for credit unions, banks and finance companies, has released its DecisionLender 4 Direct Lending Module, which allows lenders to expedite and simplify loan origination processing for direct lending programs. The module is designed for banks and credit unions.
DecisionLender 4 gives lenders the ability to customize and streamline direct, indirect or on-line loan origination processes on a single platform. Through this platform, lenders can configure lending rules and workflows without developer resources, thus expediting loan decisioning and workflows. As a result, lenders can take immediate advantage of market opportunities by sector, region, merchant, or any other parameter.
"Lenders understand that they need fast, reliable and flexible loan origination technology to succeed in today's highly competitive environment," said Barry Kirby II, vice president of sales for TCI. "Its unique capabilities make the DecisionLender 4 Direct Lending Module a key strategic asset that will help lenders expand their customer base, enter new markets, reduce costs, and succeed in a dynamic marketplace.
- Enables lenders to manage direct and indirect loan origination workflows from a single platform
- Accelerates loan processing
- Access reports and analytics in real-time
- Requires no IT resources
For more information on TCI and DecisionLender 4, visit www.tcicredit.com.
ABOUT TELEDATA COMMUNICATIONS, INC.
Founded in 1982, Teledata Communications, Inc. (TCI) is a leading provider of software-as-a-service (SaaS) loan origination solutions for credit unions, banks, and finance companies. TCI's automated solutions enable lenders to substantially reduce costs, improve workflows, and adhere to security and compliance mandates. TCI's latest solution, DecisionLender 4, features a flexible, modular architecture which online and traditional lenders can configure to address their specific lending criteria and workflows. As authorities in the lending marketplace, TCI's solutions have been adopted by nearly five hundred lenders across a number of sectors, including automobile finance, power sports, lifestyle, appliances, and other consumer-facing industries. www.tcicredit.com.
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SOURCE Teledata Communications, Inc.