Nationwide Joins the AppOne Platform
MINNEAPOLIS — Nationwide Acceptance Corp. dealer customers may now process credit applications electronically through Wolters Kluwer Financial Services’ AppOne lender platform.
The two companies recently announced that Nationwide has joined the AppOne lender platform, which automates the indirect lending, credit approval and loan documentation compliance processes for lenders and the dealers they work with.
Moreover, the platform’s DocOne document engine and validation tool enables dealers to access the loan documents they need for each specific transaction and print the forms from a standard color laser printer onto plain paper at the point of sale, company officials noted.
“We are very excited to integrate with one of the nation’s premier platforms for dealers to access finance companies,” said Martin Less, president of Nationwide Acceptance, which specializes in non-prime and subprime automobile sales finance contracts.
“Being part of the AppOne system will make it easier for dealers to do business with us as we continue our growth and expansion. AppOne has a record of providing excellent service to their dealers, which is something that we strive for daily at Nationwide. We look forward to working with AppOne and servicing dealers on their platform,” he continued.
Jason Marx, vice president and general manager of mortgage and indirect lending at Wolters Kluwer Financial Services, also voiced his opinion on the two companies’ new relationship,“As consumer demand picks up in the auto market, dealers are in need of lending sources for their customers.
“At the same time, a more aggressive regulatory environment is keeping lenders focused on making sure the dealers they work with are compliant. AppOne addresses both of these needs, helping dealers and lenders develop relationships that fit their business. We are pleased to provide the lending services of Nationwide Acceptance Corporation through our AppOne platform to help meet the needs of auto dealers,” Marx concluded.
For more information on the AppOne lender platform, see www.wolterskluwerfs.com.