BATON ROUGE, La. — Wolters Kluwer Financial Services reports that Bank of America’s Dealer Financial Services unit will join its AppOne platform to automate the marine and RV finance process.
Bank of America’s Dealer Financial Services unit provides retail loan financing and commercial banking services to auto, marine and RV dealers across the U.S. AppOne automates the indirect lending process for lenders and dealers by providing credit application workflow automation and compliant document preparation.
“Not only does AppOne automate the finance and credit approval processes, but it also provides forms that are covered by the industry’s leading compliance warranty to document every marine and RV loan,” Deborah Nunnally, SVP of Fulfillment at Bank of America’s Dealer Financial Services unit, said in a release. “Current and accurate loan documents that can be easily reviewed and processed help increase efficiency and improve the dealer/lender experience.”
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