•
We are back this week from America’s Credit Union Conference aptly titled “Governmental Affairs Conference” in our capital city Washington, DC. We met with a ton of our clients, potential partners and hung out with Curql Fund’s limited partners and friends of the fund.
We learned a ton about credit unions and how they operate, their goals and aspirations. It made us even more proud of what we’ve been able to do for this space and provide cutting edge lending platforms for all types of lending activities. One of those lending products favored by Credit Unions is indirect auto lending and we are dedicating this new platform release entirely to auto finance.
Platform News:
As we are entering our third year of operations, we are more poised and more confident to take on even larger clients. We signed with one of the largest private lenders in America to help them completely revamp their point of sale financing platform. We will be working with our partners such as LoanPro, Osciliar and Praxent to take on this monumental task. We are proud to be selected as the loan organization's orchestration platform to tie it all together.
This week, we are heading back to Washington, DC to visit another Curql Fund investor banks. This time we are going to spend three days at BankFund Credit Union. This credit union serves employees at the World Bank. We will have mentor sessions, demos and proof of concept discussions as well. We look forward to learning more from one of the largest credit unions dedicated to a single SEG (Select Employee Group).
We are also headed to FinTech Meetup 2026 in Las Vegas. Our CEO Timothy Li will be on stage with a handful of fintech CEOs talking about Lending Platforms on 4/1/2026. We will send four other executives from LendAPI to the show as well. Our Chief of Staff, Eric King, our CTO, Sam Xia, our VP of Product Development, Chakresh Peela will all be present to answer any questions and meet new folks.
We also have a bunch of new episodes at LendAPI Partner Podcast. Check out four new episodes:
Dan Niemiec, Chief Credit & Analytics Officer at 1st Franklin Financial Corporation
Debra LeJeune, Founder & CEO at Integrity Payments Group
Steven Ma, Founder & CEO at Pony Money
Joseph Huch, Vice President of Sales at USIO
In these episodes, you will learn how chief risk officers think about today’s lending environment. We also dive deep into how payment works, from ACH to debit card. You will also learn about an entrepreneur's special journey from corporate america to starting his own fintech.
We have a ton of episodes slotted for the rest of the 2026 season.If you want to join our Partner Podcast, please visit our website or reach out to our CEO Timothy Li.
As we prepare for our Auto Lending vertical launch, we’ve officially completed our integration with RouteOne and DealerTrack. We are one of a few platforms out there with all of their latest APIs and endpoints integrated to facilitate the latest user experience. We will dive deeper into this release below.
Platform Update: v3.1.3
This release is all about auto lending. We can’t operate within the auto lending vertical without integrating with two dealership platforms such as RouteOne and DealerTrack. We spent the past few weeks integrating with all of their latest API and endpoints and according to these partners, LendAPI was the fastest integration on record. We finished all of the integration with certification within 4 weeks.
If you are interested in switching from your existing LOS and experience a complete DIY digital lending experience, please contact us at info@lendapi.com or visit our website.
RouteOne and DealerTrack
In-direct Auto Lending means that the car dealership works with a variety of lending partners such as banks, credit unions and community banks. The POS (Point of Sale) financing dealerships often use are either RouteOne or DealerTrack. There is a bit of history behind how these point of sales financing platforms came about but we will work on that in a separate blog dedicated to everything you need to know about indirect auto financing.
You can easily find RouteOne and DealerTrack in our Integration Panel alongside JD Powers and Vehicle Databases.
If you are interested in talking to us about setting up a new CUSO to serve the credit union space with a new indirect auto lending league, please contact us and we will dedicate all of our resources to get you launched and ready to lend.
As with all of our integration partners, you just need to create an account with DealerTrack or RouteOne and enter your credentials into each of the Plug-in settings and off you go. We took care of all the complex integration needs for you.
Car Dealership Management
As with all of our workflow, there’s a space for you to manage dealership to point of sale financing platforms.
Sometimes, complex rules and workflows need to take place depending on which dealership from which POS is sending you (the lender) inquiries for credit. We built this space for you to manage these one-on-one relationships. This way, you have the utmost granular control on how you want to manage and direct applicants from each of the dealerships you work with whether it’s through DealerTrack or RouteOne.
You could even entertain a different product flow (application experience) for each of these unique relationships. We give the most detailed configuration and application view from each dealership.
E-Contract
Both of these Point of Sale financing platforms such as DealerTrack and RouteOne have newly established end-points to facilitate a smooth customer experience. These platforms have established e-contract handling between the POS and LOS (LendAPI).
This way, the back-and-forth of what the financing department negotiates with their clients can easily be amended and modified without having to contact the bank’s or credit union’s financing contact center. These types of contract negotiation and contract re-generation can all be handled by these newly established end points between RouteOne, DealerTrack and LendAPI.
LendAPI is one of the few Loan Origination Systems out there with all of the latest API end endpoints established with both RouteOne and DealerTrack to provide the best customer experience between shoppers and finance partners.
Underwriting Rules and Ultimate Flexibility
Our Rules Studio which is powered by our decision engine is one of the most used features on our platform. With 100+ integrated partners piping in scores and attributes, anyone with any technical skillset can implement, improve and modify these credit decision rules.
This visualized rules management system is so powerful that some of the biggest banks and lenders are using it daily to stay ahead of their customer demand and competition.
When it comes to managing your underwriting criteria for auto finance, you can create as many underwriting criteria to power any products or application experiences you’ve designed. You can bring in consumer credit report attributes, build your own custom variables to calculate decision points such as Loan-to-Vehicle value and create any other types of variables as you see fit.
You no longer have to reply on specialists, pay thousands of dollars to make simple changes and most importantly, all changes are logged and can go through an internal approval process. You can also take advantage of one of our lab functions to conduct A/B testing to see whether challenger models give you a higher approval rate and lower default rates.
E-Sign Capabilities
We can map all of the dynamically generated variables into a standard contract document so clients can sign them easily within a dealership, given that the dealership has the capability for the customers to e-sign.
If the dealership doesn’t supply this capability, the LOS (LendAPI) can send a SMS or email for the customer to e-sign their contract while they are at the dealership. This will reduce the amount of waste generated by using paper documents which you will need to scan and vault. These wastes cause lenders and dealerships thousands of dollars a month. We can eliminate this waste.
What’s Next?
With the completion of our Flow Builder, we are ready for the agentic world. We will be working with partners and clients to build an Agentic Studio to understand customers contextually and use automation to complete tasks that otherwise require someone to be on call 24/7.
We believe that these Agentic Agents will begin to take on smaller tasks such as understanding an uploaded document or an email correspondent form an end client by the second half of 2026. We will demonstrate some of these capabilities at this year’s FinTech MeetUp in Las Vegas as well as Money2020 towards the end of this year.
About LendAPI
LendAPI is a complete loan-core that helps banks, credit unions, fintechs and retailers to launch any finance products instantly. Request your demo at www.lendapi.com and follow us on Linkedin.