One way to increase loan volume is to increase hours of business and new
channels of distribution. But how do you extend your operation without
overextending your staff?
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You can accomplish this by using the professional lending services of The
LoanLink Center. Whether your members apply online or by phone, the professional
loan staff at The LoanLink Center is available to answer their questions and provide
them with loan decisions 24/7.
Just how essential is an after-hours lending program? If you had any doubt that
members want after-hours lending services, check out the following statistics
generated by The LoanLink Center:
25% of The LoanLink Center's calls occur during non-business hours.
42% of The LoanLink Center's Internet applications occur during non-business
hours.
23% of all calls and Internet applications occur
during the weekend.
Services Seamless Link to Your Operation
From simply answering phones to providing full loan decisions,
The LoanLink Center representatives can deliver a level of service
that complements your existing operation. You can minimize
your members’ wait time on-hold, and lower your abandonment
rate. You can also integrate your lending channels by using
The LoanLink Center’s Internet and call center capabilities —
including extending your ability to offer risk-based lending.
The LoanLink Center can help you maximize your resources.
Use it for overflow during heavy business traffic and off-hours
service, or consider outsourcing your entire call center
operations. With The LoanLink Center, you can avoid those
staffing peaks and valleys that come with a high volume of
loan traffic, and you have the luxury of covering for your
staff who are out due to sickness, training, meetings, etc.
It will help you reduce your origination expenses without
reducing your service quality.
The LoanLink Center easily interfaces with a number of data
processors using technology developed and maintained by
CUNA Mutual. You’ll have access to online forms completed by
the call center, allowing you to avoid re-keying information.
CUNA Mutual’s loanliner.com application assures compliance,
and our new Integrated Web Calculator gives representatives
the ability to introduce lending protection solutions within
the loan transaction.
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