Source One Financial Services has chosen Wolters Kluwer Financial Services' AppOne platform to help simplify and automate the finance process for Source One's dealer customers.
Source One is a marine and RV loan origination company, serving more than 800 dealers throughout the Midwest.
According to Wolters Kluwer Financial Services, AppOne will help the company automate indirect lending, credit approval and compliance processes to more quickly finalize loan packages for dealers of new and used boats and RVs.
Source One president and CEO Matthew Nelson said that by streamlining credit application submission, lender program evaluation, and the creation of compliant documentation, Source One will enable dealers to enhance service, improve customer retention and maximize their sales potential.
"At the same time, AppOne’s technology and services help our network of financial institutions streamline indirect originations with our dealers," Nelson said.