By Paul Nicholas, CEO, OttoMoto and Friendly Auto Gallery

Every detail matters when it comes to securing approval from lenders and sending clean, verified applications is essential. 

That’s why we built lender verification tools right into the OttoMoto® platform, so dealers like you can confirm lender requirements before you submit an application.  

That means every submission is accurate, compliant, and trustworthy – which means fewer rejected applications, faster funding decisions and stronger lender relationships. 

Let’s dive into how lender verification transforms the way you work with your lender partners. 

 

Fewer Rejected Applications 

I know firsthand that there’s nothing more frustrating than spending time on an application, only to have it sent back over a small detail. 

You probably know what I’m talking about: missing documentation, mismatched income, an incorrect employment code. A small error that holds up the entire process, costing your dealership time and money – and damaging your reputation with lenders. 

That why the OttoMoto platform proactively confirms lender requirements before you send the application, ensuring that every application matches lender requirements, reducing kickbacks and unwanted delays. 

In short, you get every application right the first time. 

 

Faster Funding Decisions 

In my dealership, customers expect a quick service, and every delay in the funding process eats into our margins. 

I’m sure it’s the same for you. 

That’s why it’s so important to submit clean, verified applications from the start, so your deals move straight through the approval process with as little friction as possible. 

It also boosts your standing with lenders because they aren’t forced to chase you for missing information. Everything can be reviewed, approved, and ultimately funded faster – building a more reliable workflow for your entire sales operation. 

 

Better Lender Relationships 

You know as well as I do that strong lender partnerships lead to more choice, faster approvals, and better service for your customers. 

And those relationships are built on long-standing credibility. 

Lenders notice when you consistently send clean, complete, verified applications. It means you become a dealer they rely on AND prioritize. 

OttoMoto helps you gain that credibility and both build new lender partnerships and enhance the ones you already have, leading to: 

• Faster response times 

• Stronger approval rates 

• Access to more lender programmes 

• A streamlined sales workflow 

You earn lender trust with every clean submission, and OttoMoto helps you do that every single time. 

 

Streamlined Approvals 

Every unnecessary step in a deal adds friction and leads to frustration for you, your team, your customers, and your lenders. 

OttoMoto eliminates that friction with lender verification built right into the submission process, meanings dealers are verified, compliant, and ready for approval, right from the start. 

As a result, sales move faster, your customers are happier, and your entire workflow is more efficient and profitable. 

 

Smart Submissions Matter More Than Ever 

It’s 2025. Our industry has never been more competitive – and that’s for both lenders AND dealers. 

Risk tolerance is lower, which means scrutiny of dealers is higher. Customer expectations are sky-high, and if a dealershop doesn’t meet those expectations, they’ll simply go and find one that will. 

Lenders are looking for partners they can trust to bring clean, verified deals to the table. When these applications are right first time round, it shows that you respect lenders’ time, processes, and underwriting standards. 

 

OttoMoto Makes it Happen 

It doesn’t matter if you’re an auto, RV, powersports, marine or aircraft dealer – with OttoMoto’s platform, you can make every single deal smarter, stronger, and approval-ready right from the start. 

Would you like to see how OttoMoto can help you build lender trust and ultimately grow your lender network? Book a demo at a time that suits you or drop us a line and a member of our team will be delighted to help.