BATON ROUGE, La. — Greenwood Village, Colo.-based Universal Special Auto Finance joined the network of lenders on the AppOne platform. AppOne, a part of Wolters Kluwer Financial Services, provides risk mitigation, compliance and automotive-related finance technology to lenders and independent auto dealers throughout the continental United States.

Through AppOne, Universal Special Auto Finance will be able to expand its independent dealership customer base while continuing to provide financing alternatives to credit-challenged customers. Universal Special Auto Finance currently operates in 33 states. AppOne will facilitate Universal Special Auto Finance’s plan to expand to all 48 continental U.S. states by mid-year 2008.

“AppOne’s strong risk mitigation and compliance features, such as the RECON score system and automated contracts that include the trusted compliance content of Wolters Kluwer Financial Services’ Bankers Systems product line, make it a tremendously useful tool for us to reach independent dealers nationwide,” said John Scordo, CEO of Universal Special Auto Finance and 30-year veteran of the auto finance industry. “AppOne’s 10-year record of proven experience and service to independents makes it a strategic business partner for Universal Special Auto Finance.”

“Dealers on the AppOne platform have asked us to find lenders who are able to provide financing for their customers who do not have prime credit,” said Lee Domingue, CEO of AppOne. “Adding Universal Special Auto Finance to the platform fills this financing niche for our independent dealers.”

AppOne’s Internet-based financing platform relies on the company’s patented scorecard system, which evaluates each independent dealer to determine the level of risk associated with doing business with that dealer. The platform also automates the funding process by printing all lender-required documents to complete auto loan transactions. AppOne provides lenders with a new channel of growth and field representation directly to independent auto dealers nationwide. It offers dealers multiple financing options for their customers, support services and additional aftermarket fee-based products.