Multi-language Translation Added to eLEND Solutions Express Credit App
Integration of LetzChat technology into eLEND's Express Credit App facilitates seamless transition of credit application and pre-approval process into customer's preferred language
"eLEND streamlines the digital credit and finance experience by making it easier for consumers to obtain auto loan pre-approvals quickly and securely. This is good for customers and good for dealers. Language barriers, however, can make the sensitive auto finance process more time-consuming, while risking the loss of the customer," said
"eLEND continues to push innovation forward in automotive retail, and this is one more example that has special importance to our dealership. Like so many dealerships across the country, we serve a diverse community: approximately 12% of our website visitors are Spanish-speaking," said
eLEND Solutions processes, on average, 72 Express Credit Application submissions per dealer per month for over 700 dealerships nationwide, with over 36% converting to sales inside of 4 weeks. The company prides itself on offering credit solutions that are dealer configurable to fit both the dealership's process and each customer's preferences, and that are compatible with existing auto dealer service providers. This includes digitizing and streamlining the entire showroom credit process, transitioning online shoppers to instore buyers and enabling customers to do more of the car-buying process from their own device. With the integration of LetzChat Automotive's translation technology, customers can now view and complete eLEND's online pre-qualification and pre-approval process in their native language instantly.
eLEND Solutions will showcase this new multilingual finance experience at the NADA Show in
ABOUT eLEND SOLUTIONS
eLEND Solutions™ (AKA DealerCentric Solutions®), is an automotive FinTech company providing a vendor neutral, API-based middleware solution for true end-to-end connected retailing. Our solution bridges the gap between shopping and buying – delivering transactable, lender-matched payment options and funding scenarios at the point-of-sale, online and in-store. The platform specializes in hybrid credit, identity verification, and 'Fin-desking' solutions. By changing when and how the shopper is introduced to realistic payment information and dealership financing options, the combination of technology and data enables the dealer and the customer to come together much faster – and more profitably.
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SOURCE eLEND Solutions
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