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2015-01-16 defi SOLUTIONS Debuts ESSENTIAL LOS for Automated Application Processing

GRAPEVINE, Texas – defi SOLUTIONS, auto lending’s leading loan origination software company, is proud to introduce the ESSENTIAL loan originations system specially designed for lenders and Buy Here Pay Here dealers seeking an affordable, simplified and automated Loan Origination process.  ESSENTIAL offers a pre-configured solution with the fastest implementation time possible.


As a lender’s needs evolve, ESSENTIAL customers can easily add on functionality available by extending into the full defi LOS.  However, the ESSENTIAL solution meets all the typical application processing, bureau review, decisioning and verification/funding processes a growing lender needs.


“defi’s ESSENTIAL LOS was the right fit for us,” says David Schneider, SVP for Local Finance Company.  “We have served dealers in South Florida for over 15 years and are in the early stages of implementing significant growth plans for our subprime business.  As we prepared to serve an expanded market of franchise and independent dealers, we needed an LOS that would make our originations process more automated and efficient, while allowing us to quickly implement refinements to our programs.  The defi ESSENTIAL LOS was the only system we felt could provide us with a configurable, scalable solution at an affordable cost."


defi SOLUTIONS will be exhibiting at the upcoming NABD Buy Here Pay Here and AFSA conferences this January.  Auto lenders and dealers interested in the ESSENTIAL LOS can stop by the defi SOLUTIONS booth for a quick demo of the system.  Lenders and dealers can also sign up for a demo by visiting, or email or call 800-926-6750.


“If you need a powerful LOS without the hassle, ESSENTIAL is the ideal out-of-the-box solution that takes the guesswork out of choosing an LOS. No other LOS offers this much power with flexibility and is fast and affordable to implement,” said Stephanie Alsbrooks, CEO and founder of defi SOLUTIONS. “ESSENTIAL customers can move away from manual, paper-based processes and begin leveraging automation to help with processing apps, managing compliance and speeding up funding.”


ESSENTIAL LOS benefits include:


• Pre-configured with all the basic functions needed to process applications and fund loans
• Fast implementation with an online setup session and 1-2 weeks of testing and training
• Full integration with Dealertrack, RouteOne and value guides
• Everything you need to manage applications, deal updates and decisions, chat, funding and verifications
• Ability to upgrade to full defi features and functionality as you need them
• Straightforward pricing with implementation fees starting at $10,000 and affordable monthly costs based on your application volume



About defi SOLUTIONS
defi SOLUTIONS provides the only leading edge, browser-based loan origination system (LOS) that is completely configurable by lenders. The defi system allows auto lenders to manage the application lifecycle from a single, highly flexible platform. The defi LOS is affordable, scalable and easily accessible from mobile devices. To schedule a demo of the defi SOLUTIONS system, visit defi SOLUTIONS online at


Media Inquiries:  Kristin Herring

214.673.6364 |