BATON ROUGE, La. — Wolters Kluwer Financial Services recently revealed a Midwestern lender who caters to marine and RV dealers has chosen to use its AppOne platform.

Now utilizing the solution is Source One Financial Services, a marine and RV loan origination company that serves more than 800 dealers throughout the Midwest. Officials believe AppOne should help Source One automate indirect lending, credit approval and compliance processes to more quickly finalize loan packages for dealers of new and used boats and RVs.

"By streamlining credit application submission, lender program evaluation, and the creation of compliant documentation, we will enable dealers to enhance service, improve customer retention and maximize their sales potential," explained Matthew Nelson, president and chief executive officer at Source One.

"At the same time, AppOne's technology and services help our network of financial institutions streamline indirect originations with our dealers," Nelson added.

Lee Domingue, CEO of indirect lending at Wolters Kluwer Financial Services, reiterated what AppOne is intending to do.

"AppOne's Web-based technology is designed to help dealers, lenders and F&I service providers relieve their compliance burden and increase operational efficiency," Domingue insisted.

"We look forward to helping Source One strengthen relationships with the dealers and lenders it does business with and supporting its growth efforts." Domingue concluded.