AppOne®—Indirect Auto Lending Solutions

"One Stop Shop" for Lenders Servicing Independent Auto Dealers

AppOne® is an Internet-based solution that enables lenders to profitably underwrite loans through independent auto dealers. AppOne utilizes a proprietary scorecard system that evaluates independent auto dealers’ credit reports, background, criminal history, financial information, business productivity, and additional statistical data.

AppOne Benefits

• Expanded Growth Channels—gain access to over 2,000 active dealers nationwide
• Increased Volume—expand market share quickly as the single point of contact for underwriting and funding
• Reduced Overhead—documents are audited throughout the process and edited to meet federal and state regulations
• Reduced Operational Costs—print all documents required for each retail contract and gain efficiencies through automation by decreasing the frequency of manual and repetitive transactions
• Enhanced Portfolio Performance—including lower delinquency and losses
• Enhanced Risk Mitigation—alleviate compliant documentation concerns with Wolters Kluwer Financial Services | Bankers Systems transaction documents and  reduce fraud risk through AppOne’s patented RECON dealership scoring system and fraud detection tools and processes.

AppOne Components for Indirect Auto Lenders

• DealerOne™, an automated online dealer setup platform that securely captures dealership application information for processing and underwriting.
• RECON Score, a proprietary dealer underwriting and scoring model that predicts the level of risk associated with a dealer relationship.
• OriginateOne™, an online web based loan application origination system.
• BureauOne, a secure gateway for credit report access from all three national credit reporting agencies.
• VehicleOne, an online interface for vehicle valuations, vehicle history reports, and other related information.
• RiskOne™, a customizable rules based auto-decision and evaluation engine that allows for automated system approvals.
• ContractOne™, a rules-based electronic forms printing and validation platform.
• FundOne™, an online automated loan disbursement and dealer reserve funding system.

Related Web Site

• AppOne