MINNEAPOLIS -

Wolters Kluwer Financial Services announced Monday that Automotive Credit Corp., a Midwest-based provider of subprime financing solutions, joined the AppOne platform.

The companies explained AppOne can help to automate the credit approval and compliance processes for finance companies and the dealerships in their networks.

This integration can provide Automotive Credit with access to the AppOne network of independent dealers as well as Wolters Kluwer Financial Services’ network of Bankers Systems motor vehicle retail installment contracts, which can help ensure loan documentation is accurate and compliant.

“Compliance requirements are a real challenge for dealerships.  This is a significant new tool in our efforts to help alleviate the burdens of complicated F&I functions so they can focus their energy on meeting the needs of their customers,” said Jeff Glaser, vice president of sales and marketing with Automotive Credit.

“The new platform not only simplifies the loan origination process, but it also helps build relationships with more dealers,” Glaser continued.

Brad Fleener, senior director and general manager of indirect lending at Wolters Kluwer Financial Services, added, “We are committed to helping lenders and dealerships in the sub-prime auto financing marketplace ease compliance-related challenges and grow their business.

“Automotive Credit Corporation has a strong reputation for its dedication to serving the sub-prime auto financing needs of dealers and clients, and we are excited to help support their efforts so they can continue to grow safely and profitably,” Fleener went on to say.

For more information, visit www.wolterskluwerfs.com/indirect.