Your solution to offering your members low-monthly vehicle loan payments!
Member Auto Payment Saver (MAPS™) is an insured vehicle balloon loan product. MAPS™ combines the benefits of leasing and conventional financing to create a vehicle loan product that credit unions and members cannot resist. MAPS™ is totally Internet based, which means no software to install or update. Because of this, MAPS™ is ideal for a multiple branch operation and/or an Indirect Lending program.
Here is what MAPS™ can do for your credit union:
- Attract new members
- Attract higher income members
- Attract higher-end vehicle loans
- Make vehicle financing affordable for younger members
- Meet the needs of members seeking a low-monthly payment option
- Compete favorably with auto manufacturer and bank leasing programs
- Compete favorably with auto manufacturer and bank balloon loan programs
- And more!
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