SOUTH BEND, IN – November 19, 2024 — Carleton, Inc., a premier provider of financial calculation and compliance solutions, is proud to announce its partnership with OTTOMOTO.net, a leading innovator in digital lending platforms. This strategic collaboration is set to broaden Carleton’s impact in the automotive finance industry, bringing state-of-the-art compliance, calculation, and document delivery APIs directly into the OTTOMOTO® ecosystem.
By integrating CarletonCalcs® suite of payment calculation and compliance APIs and CarletonDocs® single-source solution for generating and distributing lending documents into OTTOMOTO®‘s platform, it will provide dealers with a loan origination experience that prioritizes state and dealer fee accuracy and lending regulatory adherence. This initiative reflects OTTOMOTO®’s commitment to empowering lenders and dealers with robust, compliant, and user-friendly financial tools.
“Partnering with OTTOMOTO® aligns perfectly with our mission to deliver precise and compliant financial software to an expanding client base,” said Matt Ruszkowski, President & COO of Carleton, Inc. “OTTOMOTO®’s industry leadership and innovative approach provide the perfect platform to take advantage of Carleton’s wide range of automotive financing solutions for nationwide use.”
Key Benefits of the Partnership:
- Broadened Impact: Carleton’s industry-leading APIs will enhance OTTOMOTO®‘s platform, reaching more lenders and dealers than ever before.
- Seamless Integration: This partnership will streamline the use of advanced calculation and document delivery tools in automotive lending workflows, ensuring efficient and compliant operations.
- Commitment to Compliance: Carleton’s established compliance solutions will bolster OTTOMOTO®‘s offerings, providing peace of mind to institutions navigating complex regulations.
- Mutual Growth: This strategic alliance reinforces both companies’ dedication to innovation and customer-focused advancements in the automotive finance sector.
“This partnership showcases our dedication to innovation and highlights how our compliance software can integrate with and elevate an established digital platform like OTTOMOTO®,” Ruszkowski continued.
Paul Nicholas, CEO of OTTOMOTO®, echoed the sentiment: “We are delighted to integrate Carleton’s unparalleled financial calculation expertise into our offerings. This move represents a key step in our mission to optimize our platform with solutions that are accurate, efficient, and regulation ready.”
By aligning their shared visions for innovation and efficiency, Carleton and OTTOMOTO® are poised to redefine automotive finance technology extending their service capabilities while continuing to deliver advanced, secure, and compliant solutions tailored to modern lenders and dealers.
About Carleton, Inc.
Carleton is the country’s leading provider of financial calculation software, loan origination compliance support, and document generation software. With over 55 years of experience, our ongoing expertise and industry knowledge reaffirms why Carleton is a trusted partner. Founded in conjunction with the Truth In Lending Act, Carleton provides expert compliance support with continuous accuracy in all our calculations and disclosures at a state and federal level. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.
About OTTOMOTO.net
OTTOMOTO® is a premier provider of lending technology for the automotive, RV, Powersports, marine, and aircraft industries. With a focus on digital innovation, OTTOMOTO® is redefining traditional financing practices through a secure, transparent, and compliant process that serves dealers, lenders, and consumers alike. Leveraging strategic partnerships and decades of industry expertise, OTTOMOTO® is committed to advancing the future of finance with cutting-edge technology solutions. To learn more, visit OTTOMOTO.
For inquiries about the OTTOMOTO® and Carleton, Inc. partnership, please contact Carol Docalavich at carol@ottomotoapp.com
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