SWBC partners with AUTOPAY to help lenders increase auto loan volume
SAN ANTONIO, TX (July 24, 2017) — SWBC is excited to announce its partnership with AUTOPAY, the leader in automated direct lending solutions. With AUTOPAY’s exclusive new mobile direct lending platform from SWBC, financial institutions can acquire new auto loans and recapture existing borrowers, reaching consumers where they are shopping – in the palm of their hands.
Through exclusive financial ecosystems such as Credit Karma and NerdWallet, AUTOPAY from SWBC helps lenders gain access to millions of qualified borrowers and gives borrowers mobile access to refinance their existing loan or find the best loan possible before purchasing a vehicle. Using AUTOPAY’s rules-based decision engine ensures qualified leads are delivered that meet a financial institution’s lending guidelines, while providing the borrower a prequalification without impacting their credit score. It also allows existing borrowers the opportunity to secure financing through email, text, live chat, or with a loan consultant over the phone. AUTOPAY’s white-label capabilities allow the financial institution to customize the platform with their brand and messaging without a technical team on staff.
“AUTOPAY from SWBC allows SWBC to be at the cutting edge of tomorrow’s lending technology,” said Mark Hein, CEO of SWBC’s Financial Institution Group. “The goal of all of our clients is to get more loans. The problem is that every financial institution has the same goal. So, our job – as partners – is to work with the brightest minds to create a simple, efficient process that makes a consumer say ‘This is where I want to do business.’ We believe that we have done this with AUTOPAY.”
AUTOPAY from SWBC seamlessly integrates with a financial institution’s loan origination system. This allows applications to be delivered in real-time for final approval and funding.
AUTOPAY is an SWBC exclusive. For more information, click here.
As a diversified financial services company, SWBC provides financial institutions, businesses, and individuals a wide range of services, including insurance, mortgages, wealth management, employee benefits, and more. Headquartered in San Antonio, Texas, SWBC has partners and divisions across all 50 states and manages business around the world. No matter how wide its reach, SWBC always listens to its customers’ needs, analyzes their current situations, and recommends customized solutions. For more information about our innovative approach to personalized service, visit SWBC’s website at swbc.com.