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MB Financial Bank Joins Wolters Kluwer Loan Platform

February 23, 2010

MINNEAPOLIS Wolters Kluwer Financial Services announced today that MB Financial Bank has joined its AppOne platform to automate and help simplify loan processing for motorcycle dealers.

MB’s Indirect Finance Program provides retail loan financing and commercial banking services to motorcycle dealers across the United States. The AppOne platform automates the indirect lending process for lenders and dealerships by providing credit application workflow automation, compliance document preparation and information service solutions.

Using AppOne, MB can easily connect with motorcycle dealers, accelerate the loan application process and transact loans faster. “MB Financial Bank recognizes that our national motorcycle dealer base desires alternative processing options that add quality and value to their business,” said Charles Schaefer, first vice president of indirect lending at MB. “We believe our partnership with AppOne provides dealers that additional value and option while still granting access to our tailored, high-touch customer service.”

“With one of the longest running indirect lending programs in the country, MB is undoubtedly a strong partner for motorcycle dealers,” said Lee Domingue, CEO of indirect lending at Wolters Kluwer Financial Services. “We are excited to help dealerships working with MB simplify the loan process for their staff and customers, and subsequently, book loans faster.”

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