platform for borrowers,
lenders & vendors
Transact efficiently in a safe and secure environment using tech enabled automation tools.
Your partner for Tech Enabled Automation
We solve BIG technology problems
for the finance market
Every month billions of dollars in equipment loans and leases are syndicated. The current process is outdated and inefficient. Buyers are constantly searching for new deals, while sellers deal with the challenges of finding homes for their loans or leases. Most transactions require a significant amount of documentation, credit underwriting and back in forth between one or more parties. Spreadsheets, emails and a limited rolodex is the current way business is conducted. FinanceExchange is revolutionizing how buyers and sellers connect and transact business.
Over 80% of equipment purchased utilizes some form of financing. It is not hard to understand that companies that offer financing will close more business. Not only will they close more business, but they tend to have higher profits and shorter sales cycles. The challenge for a vendor is in finding the right lender to provide financing for their entire customer base. It is almost impossiable for this to be done with one lender. The alternative is for a vendor to create and manage multiple lender relationships in order to provide their customers with competitive financing. FinanceExchange provides a platform, which allows the vendor to offer it’s customers a single private labeled application that connects them to a marketplace of dozens of lenders who will compete for the borrowers business.
Small businesses are increasingly using technology to purchase inventory, pay bills, manage accounting and conduct digital marketing. According to a survey, 85% of small businesses purchase supplies online, 83% manage bank accounts online, 82% maintain their own website, 72% pay bills online and 41% use tablets for their business. Small business owners expect a user-friendly online borrowing experience. FinanceExchange provides a borrowers with a seamless online lending experience.