Teres Solutions, Inc.

SAIL Indirect

SAIL Direct

SAIL Express

SAIL Portal

SAIL Merchant Lending

TeresU

Did you know?

Best practice CU's using SAIL Direct are auto approving 40% to 50% of their loan applications resulting in significant productivity increases.

Pierre Cardenas
Vice President of Retail,
Amplify Credit Union

"With the automation capabilities provided by the SAIL platform and the hard work we did to centralize our loan application database, we booked as much as $25 million in loans in one month,” explained Mr. Cardenas. “We are averaging between $15 and $20 million in loans funded with only two buyers for both indirect and direct areas."

Reaching a New Loan Channel-Lifestyle Loans with Automated & Instant Financing Solution

SAIL Merchant Lending enables lending institutions to offer merchants and service providers fast, automated and instantaneous 24x7 financing for potential customers immediately at the point of sale. The result for lending institutions is another active channel to develop profitable loan relationships. Customers get financing when they need it; merchants and service providers get higher customer conversions and the advantage of a local lender; while lending institutions reach new loan customers. SAIL Merchant Lending connects local lenders to local merchants. Everyone wins!

Benefits of SAIL Merchant Lending:

Offer consumer financing for numerous types of loans with flexible finance terms
24x7 instant financing
Increased volume of loans from a new market
Expansion of loan portfolio
Increased revenue from higher yield loans
Develop relationships with local merchants and service providers
New customer relationships for cross-selling opportunities

Features & Technology

Instant Point-of-Sale Loan Approval – allows lenders to provide merchants with secure instantaneous finance approval for customer purchases, such as home appliances, home improvements, furniture, jewelry, lifestyle loans and many other types of goods and services – 24 hours a day, 7 days a week. Lenders can also specify loan officer review of loan applications.
Web-based Interface – allows lenders and merchants to input, process, approve and access loan applications securely through any web browser – making it faster and more convenient to process loans with minimal technology investment.
Efficient Two-way Communications – Lending personnel and merchants can interact through two-way messaging and tracking of applications in process ensuring a quick response to all loan applications.
Document Delivery – The SAIL Merchant Lending module can deliver pre-filled, non-editable loan and new account documents to the merchant for completion at the point-of-purchase, giving the lender control of the loan documentation.
Multi-Loan Support – Allows the support of many kinds of merchant, retailer and service provider loans, including open-end loans, closed-end loans and new credit card accounts.