Case Study: Tipperary Credit Union grows its loan book with Revolving Credit from Wellington IT

Tipperary Credit Union grows loan book by €800,000 with Wellington IT

Tipperary Credit Union faced challenges with its manual processes for managing top-up loans, which were time-consuming and prone to errors. To address this, the credit union worked with vendor Wellington IT to help build a revolving credit solution.

Wellington IT implemented a revolving credit loan service that automated the drawdown process, significantly reducing administrative paperwork. The results for Tipperary Credit Union included issuing over 100 loans with €800,000 drawn down and reducing staff admin work by approximately 70%, leading to greater efficiency and a faster, more seamless experience for members.

Tipperary Credit Union