Auto Leasing Is The Right Addition To Complete Your Credit Union’s Loan Portfolio

When Jeremy Pinard joined Alliant Credit Union in 2013, one of his first steps was to investigate whether auto leasing would be a good addition to their portfolio. Pinard said the key to creating an impactful auto leasing program is to take the time to fully appreciate the asset class. … With leasing, there are several nuances to understand, and in Pinard’s opinion, an experienced leasing partner can make a huge difference. “As a partner, CULA really helps you understand the complexities of a lease. Specifically, important elements like residual risk, wear and tear, and how that ties into the risks related to leasing,” said Pinard.

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