As of September 30, 2016, Reynolds and Reynolds has purchased the indirect lending solutions, including its AppOne software, risk mitigation services and Bankers Systems® Indirect Lending documents from Wolters Kluwer Financial Services.
AppOne’s Dealer Portal is a centralized, web-based indirect loan origination platform that connects lenders and dealers. It enables lenders to expand their sales by providing an expanded network of pre-certified dealers, including independent auto dealers and dealers in the marine, RV, powersports and tractor markets.
By joining the AppOne Dealer Portal, lenders can:
- As part of the AppOne Risk Mitigation Services, access a pre-certified network of thousands of dealerships that are looking for additional funding sources and programs.
- Use AppOne’s loan application filters to electronically receive only those applications that meet their institution’s lending guidelines.
- Lower their operational costs of processing, underwriting, closing and funding indirect loans by managing dealer relationships through a single channel.
With thousands of dealers relying on the AppOne platform to run their indirect finance operations, we can help lenders ensure that the dealers they are doing business with have reliable and effective compliance and risk management practices in place.