"Aimbridge Indirect Lending, LLC and Member Lending Acceptance, LLC are a perfect fit for the CRIF family of companies because we share the common vision of providing exceptional service levels to help our lending partners provide their consumer customers ease of financing. Both Aimbridge and CRIF have implemented enhanced technology to make loan approvals faster, more accurate and virtually paperless," said Carlo Gherardi, CRIF CEO.
Established in 1988 in Bologna (Italy), CRIF is a global company specializing in the management of credit reporting, business information and decision support systems to support financial institutions, service providers, businesses and consumers around the world. In June 2009, CRIF acquired FLS Services of Dallas, Texas - a major provider of indirect lending software to financial institutions. Last year CRIF acquired Teres Solutions(TM) of Austin, Texas - one of the top providers of direct, indirect and merchant lending software to credit unions and financial institutions. Aimbridge Indirect Lending, LLC and Member Lending Acceptance, LLC, CRIF, Teres Solutions and FLS Services will collaborate to offer a complete range of lending solutions across the financial services market.
"We're very excited to join the CRIF family," said Stephen Bentley, Founder and CEO of Aimbridge. "Working with CRIF and their subsidiaries will provide Aimbridge Indirect Lending a greater local, regional, national and even international reach for our products and services that were unreachable prior to this transaction."