AppOne Adds New Lender to Platform
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced this week that Turner Acceptance Corp., a Chicago-based consumer finance company, has been added to its network of lenders.
Through this new relationship, Turner Acceptance will offer indirect auto financing to AppOne's dealer customers in Illinois and Indiana.
"One of the biggest challenges lenders face when conducting business with any third party is regulatory compliance risk," said Jonathon Levin, president and chief executive officer of Turner Acceptance.
"AppOne does the heavy lifting when it comes to managing indirect relationships with dealers, which helps us mitigate that risk," he continued. "We can be confident that dealers on the AppOne platform have the necessary processes in place to meet industry requirements, provide accurate and compliant loan documentation and protect against fraud."
Lee Domingue, CEO of AppOne, added, "We are pleased that Turner Acceptance has chosen the AppOne platform to expand its auto indirect line of business by offering independent dealers more finance options. This helps dealers address the needs of more customers, which ultimately increases their profitability."
For more information, visit www.appone.net.