Ally Financial Teams with Wolters Kluwer to Expand Reach of RV Financing Through AppOne Platform
DETROIT — Ally Financial and Wolters Kluwer Financial
Services announced that Ally has started to accept recreation vehicle finance
applications through Wolters Kluwer's AppOne dealer portal.
The companies explained AppOne is a Web-based platform that can
provide Ally and its RV dealer customers the opportunity to simplify both the
credit application and contract preparation processes through an additional
channel.
Additionally, Ally will offer dealers the ability to print
finance contract documentation through the AppOne portal. This feature will be
available in 22 states immediately with additional states to follow.
"We know that dealers want competitive rates, quick credit
approvals and fast funding, and we plan to be aggressive on all of these fronts
as we continually look for ways to increase the value we offer," said Mark
Manzo, Ally's vice president of alliance sales.
"Our presence on the AppOne dealer portal is one more
example of how we're listening to our dealers and focusing on their priorities,"
Manzo continued.
AppOne is designed to automate traditional processes at the
dealership, which can help ensure that financing sources receive funding
packages that meet their guidelines. The system can help improve the process
for both financial sources and dealers by reducing the number of contracts held
up for funding.
"We are committed to offering innovative technology and
strategies to address the challenges dealers and financing sources face," said
Brad Fleener, senior director and general manager of indirect lending at
Wolters Kluwer Financial Services.
"Our solutions help both dealers and financing sources meet
compliance and legal requirements while simplifying the end-to-end process,"
Fleener continued. "That means we can help Ally Financial meet the needs of
their dealers as Ally builds its portfolio while also helping dealers focus on
their retail customers."
Wolters Kluwer Financial Services' indirect lending business
monitors pending and enacted legislation that impacts the marine, RV and auto
finance and dealer markets. The company's software and services help both
financing sources and dealers mitigate risk and ensure they are complying with
new laws and regulations.
For more information, visit
http://www.wolterskluwerfs.com/Indirect.
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