First Advantage Credco LLC, a leading provider of specialized credit reports for the marine industry, announced the integration of its credit-based information solutions with DockMaster, the marine management information solution provider for marinas, boatyards, boat dealers, boatbuilders and marine retailers/distributors.
Under the new agreement, First Advantage Credco will deliver credit reports, in addition to identity verification tools and compliance solutions, through the DockMaster sales and finance platform for boat dealers.
The integration of First Advantage Credco’s product solutions will give participating U.S. dealers access to consumer credit reports, and compliance tools to help them comply with regulations for OFAC screening and the new Red Flags Rule, which requires them to establish and maintain an identity theft prevention program by Nov. 1.
“Our integration with First Advantage Credco further expands DockMaster’s features and functionality, enabling boat dealers to make sound credit decisions, fast,” said Cam Collins, president and CEO of DockMaster, in a statement. “They now have convenient access to the tools they need to help maintain federal compliance requirements, and to help protect their dealerships from identity theft and fraud-related losses.”
“We’re excited to announce our partnership with DockMaster, which helps our mutual customers verify potential customer identities automatically with every credit report,” said Eric Rumsey, president of First Advantage Credco, in a statement. “Seamless integration provides fast, convenient access to important identity verification and compliance solutions — directly from their DockMaster system.”