Benefits of Indirect Leasing
Credit unions that add leasing to their indirect loan portfolio can achieve higher yield, giving them a strategic, competitive advantage in their markets.
Millennials to retirees lease because it offers lower monthly payments on newer model vehicles with the latest safety and connectivity technology.
By adding leasing to an indirect loan portfolio, credit unions can strengthen their dealer relationships and better leverage their sales representatives’ time. And when the lease is over, the CULA lease allows dealers and credit unions to build member loyalty.