Wolters Kluwer Adds Indirect Lending Sales Director, New Technology
MINNEAPOLIS and BATON ROUGE, La. — Wolters Kluwer announced the enhancement of its indirect lending business unit over the past week with the addition of a new director of sales and the integration of new technology.
The company named David Reynolds as its new director of sales. In his new role, Reynolds will be responsible for overseeing and directing all sales functions within the company's indirect lending business unit.
Most recently, Reynolds served as South divisional vice president of sales for Wells Fargo Auto Finance, as well as holding other regional and area sales manager roles at that company.
Prior to his time with Wells Fargo, he worked in various positions, including dealership sales manager, finance director and business development manager within the retail auto industry.
Integrated Lending Technologies Teams Up with Wolters Kluwer
In other related news, Integrated Lending Technologies announced the linking of its AppOne DocOne printing engine and validation tool with Wolters Kluwer's Dealer and Indirect Lending and Leasing System.
DILLS can help dealers consistently provide lenders with accurate and complete loan documentation which, in turn, can build dealers' reputations and strengthen their relationships with lenders.
"The integration of AppOne with DILLS will help our credit unions find the loan applications that meet their program's criteria while also making sure that the paperwork is complete, accurate and compliant with state and federal laws," said William McGregor, president of Integrated Lending Technologies.
"This will help save the credit unions valuable time in the indirect loan process," he explained.
The AppOne DocOne engine can provide dealerships with the ability to print lender-specific loan documents from a standard color laser printer onto plain paper at the point of sale and finance within the dealership setting.
"This is a win-win for ILT's credit union network, as well as the dealerships already using the AppOne platform," said Lee Domingue, chief executive officer of indirect lending at Wolters Kluwer Financial Services.
"We can help credit unions grow their business by connecting with more dealers, while offering dealerships the opportunity to access a wider variety of lenders interested in auto, RV and marine financing," he added.
For more information on Wolters Kluwer, visit www.wolterskluwerfs.com.
For more information on Integrated Lending Technologies, visit www.iltech.us.