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,…
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…
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…
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…
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…
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…
Integrated Lending Technologies (ILT) and Digital Matrix Systems (DMS) have partnered to enhance the product offerings for ILT’s suite of loan origination software. ILT provides a web-based loan origination system for banks, credit unions, and other financial services companies marketed as the Allegro™ Lending Suite. Based in Addison, TX, DMS provides data connectivity, analytics, and storage solutions. The partnership enables ILT to utilize the DMS connectivity platform to obtain consumer…
Roger K. Seegmiller, EVP and Chief Operations Officer of Integrated Lending Technologies, LLC, has been selected by the Utah Philanthropy Day organization to receive the “Hearts & Hands” award at its annual celebration held in the Salt Palace on November 15th, 2018. Roger was nominated by Southern Utah University for his involvement in the creation of the Entrepreneur Leadership Council (ELC). The ELC is a small group of successful entrepreneurs…
Personal loans are experiencing tremendous growth thanks to the fintech market. From 2008 to March of 2018, personal loans have increased from $72 billion in 2008 (equal to $90B in 2018) to $120 billion dollars, according to Quartz. Alternative fintech lenders account for $31 billion of in personal loans, versus $22.5 billion for banks and $18.7 billion for credit unions, according to TransUnion data reported by Quartz. Banks have more…
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