This week, Origence, a technology solutions provider for credit unions, announced a partnership with Tekion, a next-generation, cloud-based automotive retail solutions provider.

The partnership integrates CUDL with Tekion technology and positions both organizations to streamline the automotive online shopping and financing experience while providing credit unions with new indirect financing opportunities.

“The car buying experience has forever changed. Our mission at Origence is to help credit unions stay ahead of the digital curve,” Origence chief product officer Brian Hendricks said in a news release.

“By partnering with Tekion, we will provide new online indirect lending opportunities for credit unions — along with tools and solutions that create incremental F&I efficiencies for dealerships,” Hendricks continued.

As the partnership between the two companies rolls out in the coming months, dealerships will gain access to CUDL indirect financing via the Tekion network, along with the more than 59 million members that CUDL credit unions represent.

The firms said this integration will also make it possible for shoppers to select their preferred credit union during the financing process.

“As Tekion continues to work with dealers, manufacturers, and lenders to deliver end-to-end omni-channel retail experiences to auto buyers, we are excited to partner with Origence to create a plug-and-play offering for credit unions,” said Amit Maheshwari, senior vice president of business development at Tekion.

“This offering will allow credit unions to quickly and economically benefit from digital origination opportunities enabled by our Automotive Enterprise Cloud and Automotive Retail Cloud solutions while providing more lending choices to millions of buyers and thousands of dealers,” Maheshwari went on to say.