PHILADELPHIA (1/10/13)--VINtek, a Philadelphia-based provider of automotive collateral management and electronic lien and title (ELT) services for automotive finance lenders, has secured a 50% market share among the country's military-focused credit unions.
"Lenders want to be there for their military borrowers, and as a valued supplier, VINtek wants to be there for the lender," said Larry Highbloom, VINtek president.
"By providing technology and service that can be leveraged to improve the interaction between lenders and their customers anytime, we act to enhance the consumer experience worldwide. We are honored to support our military-focused lenders in making life a little easier for our service men and women everywhere," he said.
VINtek uses VINtekTIME automotive collateral management system and its eSignature and eContracting to support military borrowers.
VINtekTIME helps lenders operate 24-hour call centers to accommodate the needs of military members living overseas. VINtek's "Direct-to-Consumer" eSignature and eContracting services permit the electronic presentment of loan and Department of Motor Vehicle documents along with eSignature for lender loan documents. Military borrowers, even with spouses separated due to deployment, can access their auto-loan documents anytime and anywhere they have Internet access.