Algebrik AI, a company based in New York City, has formed a partnership with AppOne to enhance the efficiency of indirect lending for dealers and lenders.
AppOne, which is engaged in providing workflow and productivity solutions for dealerships and lenders, will integrate with Algebrik’s advanced artificial intelligence (AI) lending suite, Algebrik One. This move aims to improve the loan application process across various sectors including automotive, recreational vehicles, marine, and powersports.
The integration allows dealerships using the AppOne platform to submit credit applications directly into Algebrik One. This enables them to receive instant decisions from lenders and obtain compliant loan documents without needing to exit the AppOne interface.
Furthermore, lenders will be able to utilise Algebrik’s decision engine to review, approve, and process these applications efficiently.
Algebrik AI founder and CEO Pankaj Jain said: “With this integration, Algebrik One becomes the seamless bridge between dealer networks and modern lending infrastructure.
“From credit application to compliant contract generation, we’re enabling lenders to activate indirect lending programs right within Algebrik One—without the usual operational headaches. This isn’t just a feature add—it’s a leap toward truly unified, AI-powered lending workflows.”
For credit unions and community banks, this partnership facilitates the expansion of indirect lending programmes without major changes to their internal operations. Lenders can access pre-qualified applications from reliable dealers and apply Algebrik’s AI engine for custom credit logic, ensuring faster funding and reduced errors.
The collaboration offers several advantages. Dealers benefit from streamlined credit application submissions through AppOne, which are directly integrated into Algebrik One, reducing manual entry errors.
Lenders gain from receiving structured applications that allow for quicker underwriting decisions using AI technology. Loan documentation is automatically generated according to compliance standards, reducing the risk of delays in contract finalisation.
Overall, this integration is expected to simplify the scaling of indirect lending activities for credit unions and community lenders by expanding their reach within dealer networks and increasing loan volumes through seamless technology integration.
AppOne senior sales director Chet Heughan “Indirect lending thrives when technology removes friction and increases trust across the dealer-lender relationship.
“This partnership aligns two platforms focused on speed, compliance, and mutual success—helping credit unions and lenders scale their indirect lending strategies with greater efficiency.”
