This week, Heritage Auto Leasing announced expanded capabilities and broader availability of LoanSwift, its proprietary deal funding automation platform, now fully configured to support both auto lease and retail loan transactions and available as a standalone solution to all auto lenders.

Originally developed to power Heritage’s credit union leasing programs, executives said LoanSwift has been enhanced to operate as a flexible, lender-agnostic platform that can be deployed by banks, credit unions, captives, and other auto finance providers, regardless of whether they currently offer leasing.

According to a news release, the platform is designed to help lenders reduce funding cycle times, improve document accuracy, and lower operational costs across indirect auto lending.

Heritage Auto Leasing explained that LoanSwift targets the most time-consuming bottleneck in indirect lending: the manual review of paper funding packages.

When a dealer submits a scanned funding package, LoanSwift can automatically classify each page by document type, extract key deal data, and validate the complete package against the lender’s specific funding rules and checklist requirements.

Executives said errors and missing documents are flagged immediately, and dealers are notified in real time so issues can be corrected before the package ever reaches the lender.

Heritage Auto Leasing pointed out this front-end automation can eliminate the repetitive back-and-forth between lenders and dealers that typically delays funding.

Lending teams can gain real-time visibility into deal status, a clean audit trail for every transaction, and the ability to focus their time on exceptions rather than routine document review.

With configurable logic that can support both lease and retail loan products, Heritage Auto Leasing said lenders can standardize workflows across deal types without adding complexity or headcount.

“The biggest drain on a funding team’s time is chasing down the same preventable errors: missing signatures, mismatched VINs, missing documents, incomplete insurance documentation,” Heritage Auto Leasing co-founder and COO Danny Meagher said in the news release.

“We built LoanSwift to catch those issues automatically, before they reach the lender,” Meagher continued. “As the platform matured, it became clear that the value extended well beyond our leasing program. Today, LoanSwift is available as a standalone solution for any indirect auto lender looking to fund deals faster and scale more efficiently.”

While LoanSwift is now offered independently, it remains a core technology component supporting Heritage Auto Leasing’s broader program offerings.

Heritage said it continues to focus on delivering structured, risk-disciplined leasing programs for credit unions, supported by technology designed to simplify execution without burdening internal teams.

“This expansion reflects Heritage Auto Leasing’s ongoing investment in scalable, technology-driven infrastructure that modernizes auto lending operations while remaining aligned with lenders’ risk, compliance, and efficiency standards,” the company said.

For more information or to request a demo, visit www.LoanSwift.com.