TCI, a leader in loan origination software (LOS) utilized by credit unions, banks and finance companies to automate their lending processes announced today that Member Driven Technologies (MDT), a member owned CUSO, has selected TCI as their preferred indirect lending partner. TCI’s DecisionLender, which is provided as Software as a Service (SaaS), enables lenders to reduce the time it takes to process a loan request and therefore reduce their costs.
Larry Nichols, CEO of MDT, stated, “We selected TCI because the DecisionLender product is very affordable but also very feature rich. As a Symitar service provider, we felt that it has the best bi-directional data interface to the Episys software which is crucial to our credit unions. In the hyper-competitive indirect lending market, our credit unions need tools that increase efficiency at an affordable price and DecisionLender delivers on that promise. It’s our philosophy that credit unions should concentrate on their members while we concentrate on the technology.”
“We thank MDT for their business” stated Bill Nass, President of TCI. “We believe our success is based upon the fact that we offer loan origination solutions and not just canned software. Our product is a total end to end solution that is simple and intuitive to use. We deliver efficiencies that reduce our customers’ costs by over 100%. We look forward to working with MDT and their credit union base.”
Supporting over 210 credit unions, banks and finance companies across the US, TCI provides loan origination software delivered as “Software as a Service” (SaaS) for direct, indirect, internet and retail lenders in a SAS 70, True Secure environment.
MDT provides the Episys software and other complementary products as a SaaS to over 50 credit unions throughout the country.
www.tcidecisionlender.com
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