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Lending Solutions, Inc. Processes Over 500,000 Loan Applications in 2012

24/7 lending and member service center continues growth

ELGIN, IL, January 10, 2013 – Lending Solutions, Inc. (LSI) finished off 2012 with a bang - processing over 500,000 loan applications in a single year for the first time in its history. The 500,000th app was taken on behalf of longtime client Partners Federal Credit Union (Orlando, Florida) on December 29, 2012. 2012 proved to be a banner year for the company in many ways, as it set records for total calls answered, indirect loans handled, and overall transactions processed.

Lending Solutions started processing loan applications over the phone for credit unions in 1995, and has since added channels and services including online lending, indirect underwriting, mortgage operations, collections outsourcing, and complete member service transactions. The company, founded by industry consultant Rex Johnson, continues to maintain a steady rate of growth each year and in July of 2012 opened its second contact center – a 20,000 square foot facility in Naperville, IL.

“This is another outstanding milestone for us,” states Lee Kolquist, chief executive officer of Lending Solutions, Inc. “In 2012, we answered more phone calls and processed more loan applications than ever. However, what we are most proud of is the quality of service that we have been able to consistently deliver. Helping our credit union clients build deeper, long-term relationships with their members has been our mission and continues to be what we strive for each day.”

About Lending Solutions, Inc.
Lending Solutions, Inc. has been a provider of lending center services and consulting programs for financial institutions across North America for 18 years. The company’s highly-trained, professional staff provides 24-hour lending and member service to over 300 of North America’s premier credit unions, banks, and mortgage companies. For further information on Lending Solutions, please visit the company’s Web site at www.lendingsolutions.com.