Tag Archive | "AppOne loan platform"

Medallion Bank Joins AppOne Platform


MINNEAPOLIS — Wolters Kluwer Financial Services announced that Medallion Bank has joined its AppOne platform, which automates the indirect lending, credit approval and compliance processes for lenders and the RV and marine dealers with which they work.

“With current economic challenges, dealers need access to more nonprime lenders in particular — even for customers that have good financial standing,” said Jason Marx, vice president and general manager of indirect lending and mortgage at Wolters Kluwer Financial Services. “Working with Medallion Bank supports our goal to provide dealerships with a complete portfolio of lenders to help with the various financing needs of their customers.”

Medallion Bank specializes in financing customers with past credit problems and provides financing to bank-approved marine and RV dealers across the country.

“Not only will AppOne help us simplify our loan approval and origination process, but it will also help us connect with more marine and RV dealers across the country,” said John Haymond, vice president of business development at Medallion Bank. “This is a key benefit for our business as we focus on sustainable growth.”

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Nationwide Acceptance Corporation Joins Wolters Kluwer AppOne Platform


MINNEAPOLIS — Wolters Kluwer Financial Services announced that Nationwide Acceptance Corp. has joined its AppOne lender platform, allowing dealers in all of the markets served by Nationwide to process credit applications electronically directed at Nationwide through the AppOne platform.

“We are very excited to integrate with one of the nation’s premier platforms for dealers to access finance companies,” said Martin Less, president, Nationwide Acceptance. “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.”

AppOne automates the indirect lending, credit approval and loan documentation compliance processes for lenders and the auto, RV, marine and powersports dealers they work with.

“As consumer demand picks up in the auto market, dealers are in need of lending sources for their customers,” said Jason Marx, vice president and general manager of mortgage and indirect lending at Wolters Kluwer Financial Services. “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.”

AppOne’s DocOne document engine and validation tool utilizes Wolters Kluwer Financial Services’ Bankers Systems line of documents, which is protected by Wolters Kluwer Financial Services’ limited compliance warranty.

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