How it Works – Finance Exchange

Communication. Key to Success

FinanceExchange brings all of your customer, sales team & lenders communication in one place

Messaging System

Keeping your customer updated on the financing of their equipment can make or break a deal. Our platform provides customers with immediate updates as we take them through the funding process.
Mobile Ready

The mobile and tablet revolution is here to stay. More customers than ever are using their mobile devices to find products and search for information. FinanceExchange was built to work on any device, anytime, anywhere!
Chat with your clients

The FinanceExchange online chat engine allows vendors, borrowers, lender and your dedicated agent to communicate through one interface. Our chat client is also linked to email, so a customer can respond to chat through the software or by email.

Get your customers approved faster

FinanceExchange allows you get get your customer approved faster and control the funding process.

seconds

Easy Online Quote

Enter the amount you want to finance and get an instant quote for an affordable monthly payment.

3 mins

Application

Fill out a quick and simple online application.

1 hour

Application Credit Check & Approval

After you have completed the online application, it is submitted electronically through our credit approval process. FinanceExchange runs your personal and business credit and will then provide you with an approval in less than an hour. Unlike the other guys, we pull your credit once and then shop multiple banks for the best rate & terms.

During the process, we will run your application across multiple banks and lenders underwriting criteria to see which bank is the best fit for your financing needs. Our customers can log into the FinanceApp portal at anytime to see the status of their application.

24 hours

Documents

Once you have an approval, we will compile the documents and upload them onto FinanceApp. For most leases, the customer can digitally sign online.

funded in 24 hours All Online

The Other Guys

mins to hours

Offline Quote

Fill an online form or excel spreadsheet to send a request for a quote.

10 mins

Application

Download and print an application, fill out the multiple page form. Then scan or fax back the application.

2-3 days

Approval Process

After the financing agent has your application, they might submit it to one or multiple banks. If it is sent to multiple banks, each bank will pull your credit. This can have an adverse effect on your business and personal credit.

Over 2-3 days, the banks might ask for additional information in order to provide you with an approval.

There is no online portal to monitor the approval status.

2-5 days

Documents

Once the lease is approved, documents are sent via FedEx or overnight mail to the customer. They are then responsible to review, sign and send back to the bank. The bank then will put the documents on a stack that requires another approval to be completed.

Powerful data that will help you convert more business.

Have you ever wondered how many deals are not converted because of financing or what is the average approval credit score? Which lender offers the best rates or faster funding? We have the data that will help you you grow your business through financing.

Customized Finance Portal

Embed and customize FinanceExchange into your website. Our easy to use interface will allow you to customize
FinanceExchange to your brand or website in minutes.

Say YES More

Our lending platform offers access to more finance options and creative programs
to offer lower monthly payments and approve credit challenged customers with alternative options

Apply Online

Our simple application takes only 3 minutes to complete

Get quick approval

One application goes to multiple lenders. Within minutes, they fight for your business and we present you with the best offer.

Funding in 24 hours

Funding in as fast as 24 hours

Proposal Generator with tracking

Create sales proposals, track customer interaction and automate follow-ups.

FinanceExchange delivers your customers online proposals and allows your sales team to keep track of them throughout the entire funding process.

Sales & Marketing Automation

Close deals faster with our automation tools. It is like having your own personal sales assistant.

Never worry again about forgetting about an application or following up with a customers on completing their finance documents. FinanceExchange handle it all for you

Looking to Grow your Sales?

Let us show you what happens when your customers have quick and easy access to capital.

Communication. Key to Success

Messaging System

Mobile Ready

Chat with your clients