MINNEAPOLIS — Wolters Kluwer Financial Services announced today that it has been added to the Illinois Independent Automobile Dealers Association’s (IL-IADA) list of preferred providers.
Through the new relationship, the IL-IADA has endorsed Wolters Kluwer Financial Services’ Indirect Lending business and supports the use of the company’s motor vehicle retail sales installment contracts, privacy disclosures and Red Flags Tool Kit among its members.
Wolters Kluwer Financial Services’ Bankers Systems contracts and documents include retail installment contracts to support the financing of motor vehicles, as well as all of the necessary disclosure and ancillary documents to complete the transaction. These contracts are protected by the company’s limited compliance warranty and are maintained by Wolters Kluwer Financial Services’ compliance experts.
“One of our organization’s main goals is helping independent dealers in Illinois navigate the regulatory environment so they can devote as much time as possible to serving their customers and growing their business,” said Bruce Eklund, executive director of the IL-IADA. “Wolters Kluwer Financial Services helps strengthen this effort through compliance documentation and customizable tools that help dealers mitigate risk.”