Inovatec Systems, a provider of cloud-based software solutions for lenders, signed an agreement with AFG Canada to provide automated financing technology that supports the organization’s automotive leasing programs available to Canadian credit unions. As part of the deal, AFG Canada will leverage Inovatec’s Consumer Direct portal to provide lease origination services to credit unions that are looking to offer leasing options to consumers.
AFG Canada provides technology and staffing that enables Canadian credit unions to offer automobile leasing programs to consumers and businesses in Vancouver. AFG Canada manages the residual value risk and the vehicle turn-in process. AFG Canada will empower credit unions to add automobile leasing services to their portfolios without having to invest in infrastructure or personnel by…
