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Andrew Nelson

ILT AND LOANPRO® LAUNCH SYSTEMS INTEGRATION TO BENEFIT MUTAL CLIENTS

By LOS System Software
PRESS RELEASE Published: 2/11/21 Salt Lake City UT:  Integrated Lending Technologies, LLC (ILT) and LoanPro Software, LLC. (LoanPro) have completed the integration of ILT's Allegro™ Lending Suite with LoanPro’s loan management and servicing software. Allegro™ is a cloud-based loan origination system, with modules for direct, indirect and lifestyle lending. Now all data can be exported to the lender’s LoanPro® system with a couple of mouse clicks in Allegro™. The origination,…
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ILT Announces Integration with DocuSign as Enhancement to its Allegro™ Lending Suite

By Lending Suite Features, Loan Origination Software, Partnerships
PRESS RELEASE Integrated Lending Technologies (ILT) is very pleased to announce that it has completed the development of a new feature in its Allegro™ Lending Suite that will make DocuSign, the world's number one e-signature solution, available to all Allegro™ users as part of the DocuSign Agreement Cloud. This new technology will significantly increase the capabilities of Allegro’s™ Branch and Provider modules. DocuSign will enable Allegro™ users to sign electronically…
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ILT Celebrates Completed Conversion from DILLS™ to Allegro™

By Loan Origination Software, PRESS
PRESS RELEASE Published: Oct 21, 2019 8:22 a.m. ET SALT LAKE CITY, Oct. 21, 2019 /PRNewswire/ -- Today Integrated Lending Technologies, LLC ("ILT"), a leading provider of lending technology, announced that it had completed the conversion of all users of its legacy DILLS™ and PILS® systems to the new Allegro™ Lending Suite. Introduced to the market in 2002, DILLS™ became one of the most popular indirect lending solutions for credit…
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lending suite software

It’s A Good Time For Better Yield

By Credit Unions, Indirect Lending
During my second or third year in college I took a class in Chinese Politics. The professor was a fascinating guy who quoted what he said was an ancient Chinese curse, “May you live in interesting times”. It’s one of the few things I remember from that class. Regardless of its source, I supposed that most credit union and community bank executives are certain the curse has befallen them. Investors…
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Loan Origination Software

Four Must-Haves In Loan Origination Software Infographic

By Lending Suite Features, Loan Origination Software
Download The Maestro Infographic Here All Maestro Features Below Are Included With The Allegro™ Lending Suite Loan Origination Software Dedicated notes that work through Allegro™, Dealertrack, RouteOne and App One. Lender notes captured by all users creating an audit trail that the application source never sees. Our DigiDocs™ system option can turn Allegro™ into a forms powerhouse by allowing lenders to share document folders through DocuSign.  All the forms are…
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Loan Origination Software

Infographic: Converting Indirect Members

By Credit Unions, Indirect Lending, Loan Origination Software, LOS System Software
"Increasing customer retention rates by 5% increases profits by 25% to 95%," according to research done by Frederick Reichheld of Bain & Company.  Sure this statistic is normally used for the retail market, but it does apply to indirect CU members. If we are willing to perceive indirect CU members as existing customers rather than new leads then this statistic applies. It's not easy to convert indirect members, but it…
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Loan Origination Software

Best Practices for Converting Indirect Members

By Indirect Lending, Partnerships
Converting members who come in through partnerships with dealerships or other service providers has been the bane of credit unions’ existence. Indirect can provide tremendous growth, but if they’re not using more products they won’t be a profitable member to the credit union. Why do credit unions have such difficulty converting them? Think about the consumer’s journey. They want a car. They go to the dealership for a car. They…
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Loan Origination Software

CUNA Governmental Affairs Conference

By Credit Unions, Loan Origination Software
March 10-14, 2019, Washington, D.C. Looking forward to seeing everyone at the CUNA GAC next week in Washington DC. Come by our booth (270), sign up for a Demo and get a gift card... You'll also be eligible for an Amazon gift card by signing up here: allegroloan.com/gift A cloud-based loan origination platform, Allegro™ represents the next generation of powerful lending software, enabling lenders the flexibility to manage input, process…
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Conductor Simplifies Managing Multiple Indirect Programs

By Indirect Lending, Lending Suite Features, Loan Origination Software, Partnerships
LSI found a way to manage multiple client credit unions’ underwriting needs through Allegro Lending Suite’s Conductor platform. LSI provides various loan-related services, including afterhours underwriting, solutions for indirect lending and more for hundreds of credit unions. When an Allegro client seeks afterhours support, they can get that assistance through LSI, and LSI can then see all the joint clients’ indirect loan applications in queue through the Conductor platform. Conductor…
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Paperless Indirect Lending Has Never Been So Simple

By Lending Suite Features, Loan Origination Software, LOS System Software
If you have an indirect lending program chances are you’re wasting a lot of time and money shuffling papers. Your dealers are probably sending you funding packets by some sort of courier service. This costs a lot of money, and it drags out the time until they get paid. When the packets arrive at your office for funding, more time is wasted shuffling through and sorting the documents, then scanning…
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