Thanks to a partnership between AuctionACCESS and wholesale floor planning software provider Sword Apak, the lending partners in Sword Apak’s network are now included in the AuctionACCESS floor plan system.

This means that current floor plan availability of lenders in the Sword Apak network can be transmitted to all AuctionACCESS auctions. Additionally, floor plan transactions can be automated through the AuctionACCESS system, the companies explained in an announcement on Thursday.

AuctionACCESS says its network includes more than 260 subscribing auctions in the U.S. and Canada.

 “We are thrilled to be integrated with Sword Apak and to be automating floor plan data for their lending partners,” said Charlie Adams, director of business development at AutoTec, parent company to AuctionACCESS. 

“This one-time integration will enable all current and future Sword Apak partners to automate their floor plan data through AuctionACCESS to our subscribing auctions. This integration is a giant step in our work to grow this network and continue to provide efficiency to the wholesale floor plan process.”

Sword Apak sales director James Powell said: “At Sword Apak, we have a long track record across the world in developing innovative wholesale funding technology and adapting it to seek the very specific country needs that exist. Partnering with AuctionACCESS is yet another step in this direction. Making stocking easier is what we are all about and we will continue to seek all opportunities to support this mission.”