FINANCE EXCHANGE

The process to originate and syndicate loans has gone unchanged for over 30 years in the $1.3 Trillion Equipment Finance Industry. Most originations are still using paper or PDF applications and lenders strict credit box requires vendors to work with multiple lenders in order to get their customers financing. As Lenders struggle to compete with outdated technology and limited financing offers, it’s no surprise these lenders are losing long-term relationships and have difficulty entering this b... ooming market. Customers expect the same on-demand access they get in their personal life with Uber & Amazon. Bank branches, personal bankers and loan officers have been replaced with technology as the borrower values their time over the Banks red tape. Finance Exchange provides lenders with a white-labeled cloud based platform to manage originations, vendors and syndication. Our platform enables lenders to offer a user-friendly digital application and gives them a competitive advantage when managing and prospecting new vendor relationships. Our technology integrates with their unique credit boxes, ensures a seamless digital application process, provides vendors with innovative point-of-sale financing tools, and facilitates customer credit application management from one centralized location. In addition, our unique syndication platform allows lenders to open up credit boxes to a marketplace of 3rd party buyers, which helps them to manage credit exposure and generate additional fee income>More