BATON
ROUGE, La. — AppOne, a part
of Wolters Kluwer Financial Services,
and Tracker Marine Financial Services LLC (TMFS), an affiliate of Bass Pro
Shops and Tracker Marine Group, announced today that the AppOne
platform will be used to automate the finance process for TMFS and its dealers.
By
applying the same technology and compliant loan documentation services it
offers in the auto dealer market, AppOne will be able to help TMFS and its
dealers automate indirect lending, credit approvals and compliance processes
required for booking and funding their boat loans.
Through
this new marine financing platform, AppOne will be able to help TMFS simplify
the finance process with dealers representing Tracker Marine Group brands. The
brands are sold through more than 500 independent dealers, and are the
exclusive brands of Bass Pro Shops.
“By
automating the indirect lending process for Tracker dealers, we will be able to
help them turn loans around faster, which ultimately will help them increase
their service levels, retain more customers and sell more boats,” said Toni
Miller, vice president and chief financial officer at TMFS.
“The
automotive finance industry can help serve as a model for marine financing when
it comes to workflow automation and compliant loan documentation processes,”
said Lee Domingue, CEO of AppOne. “By leveraging AppOne’s Web-based technology
and compliance expertise, TMFS will be able to automate indirect lending and
ease its compliance burden, helping strengthen its relationships with dealers
and the lenders it does business with.”