AppOne loan-processing platform adds credit reports


Dealers using the AppOne platform to deal with their indirect lenders now have access to credit reports through the system.

Wolters Kluwer Financial Services, the company behind AppOne, has expanded its relationship with First Advantage Credco to provide credit reports directly through the platform.

AppOne helps automate the indirect lending process for lenders and dealers by providing credit application workflow automation and compliant document preparation.

First Advantage Credco’s credit reports had previously been integrated with AppOne’s platform only for independent auto dealers. “We’re pleased to support AppOne as they expand their product and service offerings to serve the marine, RV, motorcycle and powersports dealer markets,” First Advantage Credco’s Kevin Clements stated in a press release. “Seamless integration with the expanded AppOne platform means that a broader range of dealers can get fast, convenient access to the credit information they need to help streamline their overall F&I and sales process.”

Lee Domingue is CEO of Indirect Lending at Wolters Kluwer Financial Services. “We are helping dealers simplify compliance and increase efficiency by providing the tools they need in one central location,” he stated. “Working with First Advantage Credco, we can help dealers to complete accurate and compliant documentation, while helping them connect with lending sources that are a good fit for their customers.”

Posted by Arlo Redwine