COSTA
MESA, Calif., Dec. 13,
2024 /PRNewswire/ -- Automatic, a leading
fintech firm specializing in facilitating seamless connections
between used independent car dealerships and lenders, today
announced a strategic partnership with MeridianLink, Inc. (NYSE:
MLNK), a leading provider of modern software platforms for
financial institutions and consumer reporting agencies.
This collaboration leverages Automatic's robust dealership
network technology and MeridianLink's advanced decisioning
capabilities to empower financial institutions within the
automotive lending sector. Automatic's platform serves as a pivotal
link for lenders across its expansive independent dealer network,
offering tailored solutions that optimize loan aggregation and
enhance operational efficiencies.
MeridianLink's innovative Advanced Decisioning capabilities,
integrated within Automatic's framework, augments decision-making
for lenders across a vast network of dealerships. This integration
enables real-time loan analysis, improves risk management
capabilities, and facilitates faster, more precise lending
decisions tailored to specific borrower profiles.
"Partnering with MeridianLink® marks a significant
milestone for Automatic as we continue to innovate within the
automotive financing landscape," said Eric
Burney, CEO of Automatic. "Our mission to foster an 'Open
Marketplace' is further realized through this collaboration,
empowering lenders with tools to access new clients in a safe
way."
Financial institutions already integrated with MeridianLink will
gain seamless access to Automatic's platform, empowering them to
further streamline their lending processes, in the used independent
space, enhancing member satisfaction, and capitalizing on market
opportunities.
For more information about Automatic and its comprehensive auto
financing solutions, visit https://www.automaticusa.com.
About Automatic
Automatic is a pioneering fintech company dedicated to facilitating
efficient connections between automotive lenders and independent
pre-owned vehicle dealerships. Automatic's platform serves as a
cost-effective solution for the automotive financing sector,
fostering an open marketplace for stakeholders.
About MeridianLink
MeridianLink® (NYSE: MLNK) empowers financial
institutions and consumer reporting agencies to drive efficient
growth. MeridianLink's cloud-based digital lending, account
opening, background screening, and data verification solutions
leverage shared intelligence from a unified data platform,
MeridianLink® One, to enable customers of all sizes to
identify growth opportunities, effectively scale up, and support
compliance efforts, all while powering an enhanced experience for
staff and consumers alike.
For more than 25 years, MeridianLink has prioritized the
democratization of lending for consumers, businesses, and
communities. Learn more at www.meridianlink.com.
For media inquiries, please contact: nikki@automaticusa.co
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SOURCE Automatic