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CUNA Lending Council white paper discusses merchant lending

MADISON, WI (November 15, 2013) — The market opportunity for indirect merchant lending is plentiful and the advantages of indirect merchant lending seem clear: credit unions can provide members with loans when and where they need them. What’s more, credit unions can expand their lending portfolios and acquire new members simultaneously.

A new white paper, “Merchant Lending: Indirect Loan Opportunities” published by the CUNA Lending Council, explores:

  • The market opportunity for merchant lending
  • The competition for merchant lending
  • The economic environment and its effect on merchant lending programs
  • Best practices from indirect auto lending
  • Considerations for implementing a lifestyle/merchant lending program
  • A one-to-one interview with Sandi Carangi

CUNA Council members are eligible to receive complimentary copies of this, and over 300 other white papers; non-Council members may purchase white papers for $50 per copy.

The paper is available online in the white paper section of http://www.cunacouncils.org/.

Press may contact Natalie Sherry at nsherry@cuna.coop for a copy of the white paper.

CUNA Lending Council

The CUNA Lending Council is a member-led partnership of lending professionals dedicated to providing education, leadership, networking support, professional development tools, and expertise to its members in order to shape the enhancement of the role and diversity of operations in the credit union industry. The CUNA Lending Council is one of the six organizations that make up the CUNA Councils, a network of more than 5,800 credit union professionals. For more information, visit www.cunalendingcouncil.org or http://www.cunacouncils.org/.

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