SANTA ROSA, Calif. -

CUneXus Solutions, a provider of omni-channel, application-free lending technology, formed a partnership with Edmunds.com in an effort to collaborate to develop a new generation of vehicle shopping and purchasing solutions.

The companies indicated the goal is to have these tools be unveiled this spring.

“Edmunds.com is creating the most trusted car shopping experience, and CUneXus’ mission is to help financial institutions create an unparalleled borrowing experience,” said Dave Buerger, president and cofounder of CUneXus.

“Together, we will deliver exciting new tools that delight both shoppers and lenders,” Buerger continued.

CUneXus' Comprehensive Prescreened Lending (CPL) technology can allow banks and credit unions to offer "click to accept" consumer loans to customers where and when they need them — no application necessary. The company's cplXpress lending automation platform can deliver personalized offers to customers' phones, computers and tablets, using a combination of the institution's customer information and lending criteria, as well as customer credit history, behavior and location.

For example, a shopper entering a dealership might receive a message with a preapproved loan offer for $40,000 that can be accepted on the spot, increasing the buyer's purchasing and negotiating power.

When combined with Edmunds Price Promise dealer inventory, officials believe the resulting solution will elevate the vehicle-buying experience to an entirely new standard, empowering consumers with unmatched tools and transparency.

The two companies first connected at Edmunds' 2015 Hackomotive, a three-day competition that brings together innovators and entrepreneurs in the vehicle shopping industry. CUneXus was subsequently invited to participate in the second cohort of Edmunds' three-month Fastlane startup accelerator in Santa Monica.

Additional details of the partnership and product collaboration will be announced in April.