Aloan vs CUDL
Compare Aloan's modern lending marketplace with CUDL's credit union network. Discover why dealers choose Aloan for broader lender access and faster approvals.
Aloan
Recommended- Banks + credit unions network
- Setup in 24-48 hours
- No setup fees or minimums
- Modern AI-powered platform
- US and Canadian support
CUDL
- 1,100+ credit unions only
- 1-2 week setup time
- Varies by credit union
- Growing AI adoption
- US-focused primarily
Credit Union Exclusive Platform
Detailed Feature Comparison
Platform & Technology
| Feature | Aloan | CUDL |
|---|---|---|
| Setup Time | 24-48 hours | 1-2 weeks |
| AI Integration | AI-powered decisioning | AI adoption growing |
| User Interface | Modern, intuitive UI | Traditional interface |
Lender Network
| Feature | Aloan | CUDL |
|---|---|---|
| Number of Lenders | Multiple lenders | 1,100+ credit unions |
| Credit Unions | Growing credit union network | Credit union exclusive |
| Bank Lenders | Banks and credit unions | Credit unions only |
| Canadian Lenders | US and Canadian support | US-focused |
| Lender Diversity | Banks, CUs, specialty | Credit unions only |
Features & Functionality
| Feature | Aloan | CUDL |
|---|---|---|
| Decision Speed | Instant decisions | Fast with AI (50% faster) |
| Pre-qualification | Soft pull available | Pre-approvals available |
| Document Management | AI document scanning | Document automation (DPA) |
| eContracting | Digital contracting | eContracting available |
| Smart Routing | AI-powered routing | Standard routing |
Pricing & Support
| Feature | Aloan | CUDL |
|---|---|---|
| Pricing Model | Pay per funded deal | Pay per funded deal |
| Setup Fees | No setup fees | Varies by credit union |
| Monthly Minimum | No minimums | No published minimums |
| Support Hours | 24/7 support | Business hours |
| Training | Free online training | Training available |
Integrations
| Feature | Aloan | CUDL |
|---|---|---|
| DMS Integration | All major DMS | Major DMS systems |
| Auto Shopping | Dealer inventory sync | AutoSMART platform |
| API Access | Modern REST API | Limited API access |
| Third-party Apps | Open API ecosystem | Closed ecosystem |
| Custom Integration | Flexible integration | Standard integration |
Switching from CUDL to Aloan
Migration Process
Schedule Demo (Day 1)
See Aloan in action and discuss your specific needs
Lender Setup (Day 2)
Connect your credit unions plus add banks and specialty lenders
Team Training (Day 2-3)
Free online training for your entire team
Go Live (Day 3)
Start processing loans with more lender options
Keep Your Credit Union Relationships
Aloan works with credit unions too! Keep your existing CUDL relationships while adding banks and specialty lenders for maximum approval rates.
Start MigrationWhat Dealers Say About Switching
"We switched from CUDL to Aloan and gained access to more diverse lenders beyond just credit unions. Our approval rates increased significantly."
David K.
Finance Manager
Toronto, ON
"The setup was incredibly fast. We were live in 2 days compared to weeks with other platforms. The modern interface is so much easier to use."
Sarah M.
General Manager
Phoenix, AZ
Common Questions About CUDL vs Aloan
What's the main difference between Aloan and CUDL?
CUDL exclusively connects dealers with credit unions, while Aloan provides access to a diverse network of banks, credit unions, and specialty lenders. This gives dealers more financing options and typically higher approval rates.
Is CUDL cheaper than Aloan?
Both platforms typically charge per funded deal. However, Aloan has no setup fees or monthly minimums, while CUDL pricing varies by credit union partnership. Aloan's transparent pricing model often results in lower overall costs.
Can I access credit union financing through Aloan?
Yes! Aloan partners with multiple credit unions alongside banks and other lenders, giving you the best of both worlds – credit union rates plus additional financing options.
How quickly can I get started with each platform?
Aloan typically has dealers live within 24-48 hours. CUDL setup usually takes 1-2 weeks depending on credit union onboarding requirements.
Ready to Expand Beyond Credit Unions?
Join thousands of dealers increasing approvals with Aloan's diverse lender network