Wolters Kluwer Financial Services announced today that Automotive Credit Corporation, a leading Midwest-based provider of sub-prime financing solutions, has joined the AppOne® platform.
AppOne helps automate the credit approval and compliance processes for lenders and the dealerships they work with. This integration provides Automotive Credit Corporation with access to the AppOne network of independent dealers as well as Wolters Kluwer Financial Services’ network of Bankers Systems® motor vehicle retail installment contracts, which help ensure loan documentation is accurate and compliant.
“Compliance requirements are a real challenge for dealerships. This is a significant new tool in our efforts to help alleviate the burdens of complicated F&I functions so they can focus their energy on meeting the needs of their customers,” said Jeff Glaser, vice president of sales and marketing with Automotive Credit Corporation. “The new platform not only simplifies the loan origination process but it also helps build relationships with more dealers.”
“We are committed to helping lenders and dealerships in the sub-prime auto financing marketplace ease compliance-related challenges and grow their business,” said Brad Fleener, senior director and general manager of Indirect Lending at Wolters Kluwer Financial Services. “Automotive Credit Corporation has a strong reputation for its dedication to serving the sub-prime auto financingneeds of dealers and clients, and we are excited to help support their efforts so they can continue to grow safely and profitably.”