MINNEAPOLIS — Wolters Kluwer Financial Services has launched the Indirect Lending Directory, a listing of more than 600 lenders that accept and use the company’s retail installment contracts to document the financing of automobiles, boats, RVs and powersports vehicles.
The directory includes national and regional lenders, local banks and credit unions, and was created to help improve indirect lending relationships between dealerships and the lenders they work with. Using the directory, dealers can easily find lenders who have indirect lending programs and accept Wolters Kluwer Financial Services’ retail installment contracts. Conversely, lenders have the opportunity to promote their indirect lending programs to dealerships within the markets they serve.
“Building and maintaining lending relationships is a crucial component of any dealership’s business, but it can sometimes be difficult,” said Jason Marx, vice president and general manager of mortgage and indirect lending at Wolters Kluwer Financial Services. “The directory provides dealers with a tool to simplify that task while also helping lenders promote their indirect lending programs as a means of achieving growth.”
To access the Indirect Lending Directory, or sign up to be included in the listing, visit http://www.wolterskluwerfs.com/ildirectory.