News & Events

Thursday, Mar. 12, 2009
Tracker Marine Financial Services Chooses AppOne Platform to Help Bass Pro Shops Automate Marine Financing Process
Wolters Kluwer Financial Services’ AppOne Adds Marine Financing Capabilities to Platform

BATON ROUGE – Mar. 12, 2009 – 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 they have executed a letter of engagement for TMFS to utilize AppOne’s technology product suite to help simplify the finance process for TMFS and its network of dealerships.

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, America’s #1 volume boat retailer.

“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 Tracker Marine Financial Services.

“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, Tracker Marine Financial Services 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.”

About AppOne
Based in Baton Rouge, La., AppOne, a part of Wolters Kluwer Financial Services, is an Internet-based company offering a technology solution that connects independent auto dealers with lenders. The AppOne system relies on the company’s proprietary scorecard system, which evaluates each independent dealer to determine the level of risk associated with doing business with that dealer. It also automates the funding process for dealers by printing all documents required to complete the booking of auto loans. AppOne provides lenders with a new channel of growth and field representation directly to independent auto dealers nationwide. It offers dealers faster financing options for their customers, support services and additional aftermarket fee-based products. For more information on AppOne, visit www.AppOne.net.

About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer , a leading global information services and publishing company with annual revenues of (2008) €3.4 billion ($4.9 billion) and approximately 20,000 employees worldwide. Please visit our Web site for more information.

About Tracker Marine Financial Services (TMFS)
Tracker Marine Financial Services (TMFS) is a market leader in boat and recreational vehicle loans. In operation since 1984, TMFS has decades of lending experience and provides financial services specially designed for the marine and outdoor industries. With access to many of the best national and regional loan providers across the country, TMFS financing specialists are dedicated to helping their dealers obtain the right loan quickly and easily.