Open Lending

Open Lending Corporation is a provider of lending enablement and risk analytics solutions tailored for financial institutions in the United States. Established in 2000 and headquartered in Austin, Texas, the company specializes in loan analytics, risk-based pricing, risk modeling, and automated decision technology specifically for automotive lenders. Its flagship product, the Lenders Protection Program, allows lenders to issue loans with a significant level of insurance against potential losses from defaults, thereby helping to ensure the profitability of auto loan portfolios. Open Lending's offerings aim to enhance the efficiency and effectiveness of lending processes within the automotive finance sector.