Birmingham, AL July 15, 2008 - EPL, Inc. has teamed up with Indirect Lending Technologies, L.L.C. to launch the EPL Dealer Portal powered by DILLS™ (Dealer Indirect Lending & Leasing System™). Integrated to EPL's i-POWER® core processing system, the EPL Dealer Portal is a complete Internet based solution for managing traditional indirect lending. EPL Dealer Portal automates and simplifies the indirect lending process for all types of dealers and was originally designed specifically for credit unions.

     Legacy Community Federal Credit Union went live on the EPL Dealer Portal on April 1, 2007, after making the decision to bring their already successful indirect lending program in-house. Glenn Bryan, Senior. Vice President shared: "After looking at all of the technology solutions, we chose the EPL Dealer Portal powered by DILLS™ because of the integration to DealerTrack and RouteOne, the decisioning model and now the direct integration to i-POWER. A little over a year on the system, we are very pleased with the results. Since we've implemented the Dealer Portal, the dealers love it, we love it and we've had a couple of independent dealers seek us out because of the low cost automation. The system is easy to use and easy to train on, contains robust reports, covers a lot of items auditors review for internal monitoring of the indirect program and ILT recently added a Dashboard screen that provides at-a-glance real-time management information."

Will McGregor, President and CEO of Indirect Lending Technologies said: "The ultimate objective of all product development at ILT is maximizing the efficiency of the indirect lending process for all our lender clients. Automated transfer of loan data from our systems to their core data management systems certainly enhances the efficiency of our products and helps us achieve that overall goal. That's why we are so pleased to complete that link with i-POWER for our EPL lender clients. The integration will make our systems much more valuable to EPL's clients, and the combination of ILT's indirect lending products with EPL's i-POWER system makes an extremely powerful and effective solution for any credit union interested in indirect lending. We expect this offering to generate a great deal of interest."

Yvonne Sambrano, EPL's Lending Solutions Manager shares the excitement. "We're pleased to bring this affordable and innovative technology solution to enable credit unions to compete and successfully manage their indirect lending programs."

---

« Back to News & Press