MINNEAPOLIS — Wolters Kluwer Financial Services recently announced Marine Coast Financial — a company that initiates financing for marine dealerships in the western United States — joined the AppOne platform.

Wolters Kluwer reiterated AppOne can help to automate the indirect lending, credit approval and compliance processes for lenders and the dealerships they work with.

The company indicated Marine Coast Financial will use AppOne in an attempt to simplify the preparation of loan documents, automate credit application processing and connect its dealer customers with lending sources.

"With the current economic climate, we are continually looking for ways to help dealerships find the most affordable financing options for their customers and alleviate the burdens of complicated F&I functions," Marine Coast Financial president Michelle Folsom stated.

"By simplifying the loan origination process and helping us build relationships with more lenders, AppOne is a valuable tool in maintaining this goal," Folsom continued.

Jason Marx, vice president and general manager of indirect lending and residential lending at Wolters Kluwer Financial Services, added, "This new relationship is yet another example of our continued commitment to helping lenders and dealerships in the marine and recreational space ease compliance-related challenges and grow their business.

"We are excited to work with Marine Coast Financial, which has a strong reputation for its dedication to the boating industry," Marx went on to say.

Wolters Kluwer emphasized that its indirect lending business monitors pending and enacted legislation that impacts the marine, auto and RV finance and dealer markets.

The company believes its compliance documentation, software and services can assist both lenders and dealers mitigate risk and ensure new laws and regulations are embedded within their business operations. Prominent brands include AppOne, Bankers Systems and CompliSource. 

For more information, visit www.wolterskluwerfs.com/indirect.