Indirect Lending

Working with indirect lenders can create a multitude of work for someone. Typically we see records maintained in a sub ledger using Excel. Sharetec eliminates all that effort by keeping track of disbursed and denied loans for each dealer. Loan counts and amounts are automatically updated so you don't have to mess with it. Sharetec is even smart enough to know if a previously denied loan application is subsequently changed to an approved status and disbursed. If you setup amortizations for the lender commission or have charge backs for early payoffs, Sharetec handles all of that automatically as well and produces a statement for each lender.