RVDA Endorses Wolters Kluwer’s AppOne Indirect Loan Origination Platform & Warrantied Loan Documents
(Fairfax, VA) July 13, 2016 – RVDA, The National RV Dealers Association, announced today it has endorsed Wolters Kluwer’s AppOne® indirect loan origination platform and warranted loan documents.
“Consumer demand for recreational vehicles is strong and is continuing to grow,” said RVDA President Phil Ingrassia. “Electronic loan origination tools, like Wolters Kluwer’s AppOne, are well positioned to help RVDA’s dealer members better serve their customers, while ensuring they are compliant with the latest regulatory lending requirements. That’s why we are pleased to work with Wolters Kluwer. The company is well known in the industry for its warranted loan documents and understands the regulatory challenges facing RV dealers.”
AppOne is a web-based indirect loan origination platform designed to help vehicle dealers and lenders manage the origination process of retail credit applications from lender submission to funding. It provides dealers and lenders access to a library of compliant and warranted loan documents. The loan documents are maintained by Wolters Kluwer to meet the federal and state compliance requirements of all 51 U.S. jurisdictions. Dealers using AppOne also have access to their lender(s) on the AppOne Lending Network, a community of national, regional and local financial institutions. The network makes it easier for dealers to establish lender partnerships and secure financing for their customers.
“We are excited to work with RVDA and to have them endorse AppOne and our compliance forms,” said Brad Fleener, senior director and general manager of Indirect Lending at Wolters Kluwer. “As technology changes how consumers buy vehicles, RV dealers will have to evolve their F&I process. AppOne helps dealers transition to an electronic origination process while continuing to offer access to paper documents. RVDA’s endorsement will help bring greater recognition of AppOne’s features to its dealer members.”
To get more information, visit www.rvda.org or http://wolterskluwerfs.com/rvdealers.aspx.
About Wolters Kluwer Governance, Risk & Compliance
Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer
which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments. The division’s prominent brands include: AppOne®,
CT Lien Solutions,
VMP® Mortgage Solutions and Wiz
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
About the National RV Dealers Association (RVDA)
RVDA, the National RV Dealers Association, is the national association representing RV retailers. The association's members include RV dealers, RV rental operators, and RV aftermarket sales and service locations. For more information, visit www.rvda.org.