If an organization implements these three strategies, their costs will decrease and their results will increase. We have seen organizations save from 30 - 70 percent on time needed to gather and share the documents and data in their loan process. This frees organizations up with more time to find and help customers.
BMW Bank of North America, the lending arm of the popular luxury vehicle brand, took the top spot, with more than $7.1 billion in auto loans on its books as of second quarter. Ranking second was Atlanta-based regional bank Fidelity Bank, which dedicated nearly 42 percent of its total assets to auto lending.