Solution

Powersports, Marine & RV Lending Software

Origination built for specialty collateral, specialty dealers and the borrowers who finance the road, the water and the trail.

Powersports, marine and RV collateral - a side-by-side, boat, travel trailer and motorcycle - financed together

Specialty collateral is the starting point

A motorcycle, boat and motorhome do not carry the same collateral data, valuation questions or documents. appTRAKER gives lenders a shared origination platform while allowing each asset class and program to keep the information and controls it needs.

Programs may involve:

Motorcycles, ATVs, side-by-sides and other powersports
Boats, personal watercraft, motors and trailers
Recreational vehicles, motorhomes and travel trailers
New or used assets, and one or more collateral items on the same transaction

The application can capture the identifiers, descriptions, values and supporting documents appropriate to the asset instead of forcing every transaction into a standard passenger-vehicle record.

Direct and dealer channels

A borrower may apply before choosing an asset, begin from a lender campaign or arrive through a specialty dealer.

Each channel can use its own workflow, communications and funding requirements while sharing the lender program and credit controls. myDEALER holds the specialty dealer relationship behind the individual transactions.

Underwrite the borrower and the asset

appTRAKER can combine applicant information, bureau data, affordability calculations, verification, fraud signals, dealer information, collateral and the proposed transaction. Configured rules can evaluate:

Product and program eligibility
New or used status
Asset age and value
Amount financed
DTI, PTI and LTV
Down payment and term
Pricing and approval authority
Required documents and stipulations

Supported valuation and data providers can participate where they cover the applicable asset. The provider, returned data and lender use are confirmed during implementation.

Programs that keep their differences

A marine program may need vessel, motor and trailer information. An RV program may distinguish motorized and towable units. Powersports may involve manufacturer, model, condition, accessories and dealer-specific requirements.

appTRAKER runs every program on one origination foundation, with program-specific applications, collateral fields, rules, queues, documents and funding checklists.

Documents and communication

Stipulations can be assigned and tracked through underwriting and funding rather than managed in a separate checklist.

Decisioning and deal structure

Eligible applications can move through configured automated or manual underwriting, with autoBOUGHT applying the lender rules. Staff handle exceptions, judgment and higher authority.

Where supported for the product and implementation, autoBUILT can evaluate permitted structural changes such as term, down payment, amount financed, payment, PTI, LTV and collateral value. LAUNCHER confirms applicability during solution design.

Funding and downstream handoff

Funding controls can reflect the lender requirements for contracts, collateral documents, insurance, dealer information and other conditions.

At the defined booking or boarding point, supported interfaces can send finalized customer, loan, collateral and document information to the system responsible after origination. Specialty assets can also be financed as lease programs where the lender offers them.

Why appTRAKER for powersports, marine and RV lending?

The asset record fits the asset

Asset-specific identifiers, descriptions and values for each collateral category, from a boat to a side-by-side to a motorhome.

Programs keep their differences

Program-specific applications, collateral fields, rules, queues and documents on one origination foundation.

More than one item on a deal

Vessel, motor and trailer can sit on the same transaction where the program is configured for it.

Specialty dealers and direct borrowers

Dealer Portal and myLOAN feed the same credit policy from opposite ends of the market.

Your choice of valuation provider

Configure the valuation and identification sources by asset class and program.

A clean boundary at boarding

Origination through funding, then a supported handoff to the system that owns the account.

Specialty lending deserves specialty flexibility

Powersports, marine and RV lenders finance very different assets. The same configurable lending foundation extends to additional collateral categories as programs grow.

appTRAKER gives lenders a configurable foundation for building lending processes around the collateral they actually finance.

Finance the road. Finance the water. Finance the trail. Finance the journey.

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Frequently asked questions about specialty lending

What types of specialty collateral can appTRAKER support?

appTRAKER can support lender-configured collateral types including motorcycles, ATVs, utility vehicles, boats, personal watercraft, RVs, campers, trailers and other specialty assets.

Does appTRAKER support motorcycle, ATV, marine and RV lending?

Yes. Each can be configured as its own program with the application data, collateral fields, rules, documents and funding requirements appropriate to that asset class.

Can one application include more than one item of collateral?

appTRAKER supports lending structures that include multiple collateral records when configured for the program.

Can the platform support both direct and dealer-originated applications?

Yes. Direct and dealer channels can use different intake and workflow paths on the same origination foundation.

Does every vehicle-data provider cover every specialty asset?

No. Coverage varies by provider and asset class. LAUNCHER confirms the applicable data source and workflow during implementation.

Can appTRAKER use specialty collateral values?

Yes. appTRAKER has supported specialty-vehicle valuation integrations, including powersports valuation and identification data. Available collateral information depends on the configured provider and the asset category that provider supports.

Does appTRAKER support prequalification and pre-approved offers?

Yes. Direct lending workflows can support prequalification, supported soft-pull credit services, product eligibility and pre-approved offers according to the configured process.

Can each state or product use different documents?

Yes. Form Packs and rules can select the documents applicable to the transaction, subject to the configured document provider and lender requirements.

Breaking down barriers between DATA, VENDORS, and LENDERS.

Let’s talk

Build around the assets you finance

Show us the collateral, channels, program rules, documents and funding steps that make your specialty-lending operation different.