BATON ROUGE, La. — Wolters Kluwer Financial Services revealed this week that Bank of America's Dealer Financial Services is being connected to its AppOne platform.

Interestingly, this latest deal is designed to help dealers finance marine and RV units for customers.

"Not only does AppOne automate the finance and credit approval processes, but it also provides forms that are covered by the industry's leading compliance warranty to document every marine and RV loan," noted Deborah Nunnally, senior vice president of fulfillment at Bank of America's Dealer Financial Services unit.

"Current and accurate loan documents that can be easily reviewed and processed help increase efficiency and improve the dealer/lender experience," Nunnally added.

Lee Domingue, chief executive officer of Indirect Lending at Wolters Kluwer Financial Services, expressed his stance on how this agreement can aid dealer clients.

"Our relationship with Bank of America provides great opportunity for marine and RV dealers to simplify the lending process," Domingue emphasized.

"Dealers working with Bank of America are now able to more easily connect with this lender through the AppOne platform, which helps them serve their customers faster and more efficiently," Domingue concluded.