Minneapolis, MN (March 27, 2012) - Wolters Kluwer Financial
Services announced today that Marine Coast
Financial, which initiates financing for marine
dealerships in the western United States, has joined the
AppOne® platform.
AppOne helps to automate the indirect lending, credit
approval and compliance processes for lenders and the
dealerships they work with. Marine Coast Financial will use
AppOne to help simplify the preparation of loan documents,
automate credit application processing and connect its
dealer customers with lending sources.
"With the current economic climate, we are continually
looking for ways to help dealerships find the most
affordable financing options for their customers and
alleviate the burdens of complicated F&I functions," said
Michelle Folsom, president at Marine Coast Financial. "By
simplifying the loan origination process and helping us
build relationships with more lenders, AppOne is a valuable
tool in maintaining this goal."
"This new relationship is yet another example of our
continued commitment to helping lenders and dealerships in
the marine and recreational space ease compliance-related
challenges and grow their business," said Jason Marx, vice
president and general manager of
Indirect Lending and Residential Lending at Wolters
Kluwer Financial Services. "We are excited to work with
Marine Coast Financial, which has a strong reputation for
its dedication to the boating industry."
Wolters Kluwer Financial Services' Indirect Lending
business monitors pending and enacted legislation that
impacts the marine, auto and RV finance and dealer markets.
The company's compliance documentation, software and
services help both lenders and dealers mitigate risk and
ensure new laws and regulations are embedded within their
business operations. Prominent brands include AppOne®,
Bankers Systems® and CompliSource.
For more information, visit www.wolterskluwerfs.com/indirect.
About Marine Coast Financial
Marine Coast Financial is designed to work with marine
dealerships to provide the customer with a fast, easy and
competitive marine loan. We have more than 25 years of
recreational financing experience and will explore all
types of loans in order to find the best financing options
for our customers. We believe our customers deserve our
full and immediate attention by keeping it simple. By
limiting our dealer network, we can concentrate on each
individual customer and their needs. For more information,
visit
http://marinecoastfinancial.com/.
Whether complying with regulatory requirements, addressing
a single key risk, or working toward a holistic risk
management strategy, more than 15,000 customers worldwide
count on Wolters
Kluwer Financial Services for a comprehensive and
dynamic view of risk management and compliance. Wolters
Kluwer Financial Services provides audit, risk and
compliance solutions that help financial organizations
improve efficiency and effectiveness across their
enterprise. With more than 30 offices in over 20 countries,
the company's prominent brands include: FRSGlobal, ARC
Logics for Financial Services, Bankers Systems, VMP®
Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes,
NILS, AuthenticWeb™ and Uniform Forms™.Wolters Kluwer, a leading global information
services and publishing company with annual revenues of
(2011) €3.4 billion ($4.7 billion) and approximately 19,000
employees worldwide. Please visit our website for more
information.
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