news.cuna.org/articles/109438-enterprise-generated-nearly-500m-in-car-loans-to-cu-members-in-15

Enterprise generated nearly $500M in car loans to CU members in ‘15

February 12, 2016

ST. LOUIS (2/12/16)--Continuing a three-decade tradition of supporting auto lending among credit unions, Enterprise Car Sales generated almost $500 million in loan volume to nearly 28,000 credit union members during 2015.

Enterprise Car Sales is a service of Enterprise Rent-A-Car, the largest car-rental brand in North America, and has a strong track record of collaborating with credit unions of all sizes to increase auto loans.

Through its haggle-free, car-buying approach, Enterprise Car Sales has helped generate almost $10 billion in loan volume during the past 30 years with more than a thousand credit union partners nationwide.

"We are very appreciative of the mutually beneficial relationships we have built with credit unions in our local communities," said Beth Wheeler, Enteprise Car Sales corporate director of business development. "We gain increased exposure to new customers through their referrals, and in return, we refer their members back to them for financing. With more consumers turning to credit unions for their auto loans, we expect these partnerships to continue to flourish in the coming year."