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ILT Offers Wolters Kluwer AppOne Technology to Credit Unions

July 30, 2009

BATON ROUGE, La. — Integrated Lending Technologies LLC (ILT) will integrate Wolters Kluwer Financial ServicesAppOne technology with its Dealer Indirect Lending and Leasing System (DILLS), a loan origination system for credit unions.

AppOne will help ILT’s more than 90 credit union clients connect with auto, marine and RV dealers nationally, enable quicker application response times and complete loan transactions faster with its DocOne document printing engine and validation tool.

“The integration of AppOne with DILLS will help our credit unions find the loan applications that meet their program’s criteria while also making sure that the paperwork is complete, accurate and compliant with state and federal laws,” said William C. McGregor, president of Integrated Lending Technologies. “This will help save the credit unions valuable time in the indirect loan process.”

DILLS automates and manages the indirect lending process for lenders, from the loan application at the dealership, through automated underwriting, all the way to paperless funding of the loan and downloading the data into the lender’s core management system.

“This is a win-win for ILT’s credit union network, as well as the dealerships already using the AppOne platform,” said Lee Domingue, CEO of indirect lending at Wolters Kluwer. “We can help credit unions grow their business by connecting with more dealers, while offering dealerships the opportunity to access a wider variety of lenders interested in auto, RV and marine financing.”

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