Expand the
Capabilities of Your Finance Department Without Adding Staff
Many
independent auto dealers do not have sufficient staff or time needed to manage
multiple lender relationships while meeting each lender’s program
guidelines. We can help.
Our Dealer
Services team offers access to the AppOne® network of
lenders as well as Risk Mitigation Services (RMS) to our dealers using our
AppOne platform. The RMS services include a team of
experienced and knowledgeable auto finance experts skilled in getting loans
funded and minimizing the risk of fraud or buyback.
AppOne RMS
services ensure that dealerships send clean funding packages that meet our
lender’s guidelines and stipulations.
Reduce Risk
and Fraud
AppOne RMS
processes are designed to remove business and regulatory compliance risk as
well as fraud from your auto loans by providing the following risk mitigation
services:
- Dealer
F&I services – we assist dealers with lender program training, rehashing
and structuring of deals to ensure lender’s guidelines and requirements are
met.
- Vigilant
documentation services – for many of our lenders, we perform fraud checks and
ensure clean funding packages are received from each dealer. We perform all of
the comprehensive screens and checks you would expect, including:
- Identity verification
- OFAC screening
- CARFAX check
- Contract review and validation
- Identity authentication
- Tracking and monitoring of any
suspicious activity
- Verify
lender stipulations.
- Conduct
Red Flags audits.
Grow Your
Auto Lending Through an Expanded Lender Network
AppOne RMS
also enables independent auto dealers to expand their sales by providing
additional lenders and funding programs.
- Access
a network of lenders who are looking to grow their auto loan portfolios.
- Apply
once, and after approval, gain immediate access to all current and future lenders
on the platform in your region.
- Produce
warranted and fully compliant deal jackets using DocOne® to ensure compliance with state and
federal consumer lending regulations.
Ensure Your
Loans Are Funded Promptly
Our team of
experts provides end-to-end lender relationship management, handling all of the
details of loan transactions and ensuring your loans are funded promptly. Our
experienced staff provides the following functions for AppOne RMS lender
customers:
- Contract
funding escrow and disbursement – we fully manage the flow of funds between
lenders and dealerships.
- Lien
perfection – we research titles and release contract proceeds to dealers upon
lien verification.
- Reserves
and chargeback management – we process and manage loan exceptions and charge-backs
to ensure conformance with all policies and procedures.
Let Wolters
Kluwer Dealer Services provide the additional expertise and staff you need to
maintain strong lender relationships and ensure expectations for information
accuracy, so that you can stay focused on the next customer.
If you need additional expertise and staff to help you grow your business, contact a member of the AppOne RMS team.
