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.