MINNEAPOLIS (September 28, 2022) – Northteq, Inc. a leading provider of Salesforce origination solutions announced today that Finova Capital, LLC, an industry leader in equipment financing and small business lending, has integrated Northteq’s Aurora Loan Origination System (LOS) and Aurora Partner Portal with its Merchant CashTap platform to create an enhanced small business lending experience. This integration allows Finova Capital to offer a point-of-sale, self-service solution giving quick access to financing products while bringing a more convenient and streamlined experience for Finova Capital customers.
"Our goal was to build a simpler, faster finance solution for the small business lending and payment space. We chose to work with Northteq for their extensive experience providing enterprise-level Salesforce solutions to financial institutions. Northteq has been a significant partner in helping Finova successfully execute on our strategy,” said Bob Neagle, chief executive officer at Finova Capital.
With the needed focus on a positive customer experience in today’s digital lending world, Northteq and Finova Capital worked together to redefine the total Merchant CashTap experience, inside and out. The focus on the user experience isn’t only for Finova Capital’s merchant customers, it spans to its vendor and broker partners, and the employees supporting their business. This upgraded experience provides automated, fully integrated digital credit scoring, underwriting, onboarding, signing, and tracking. The enhanced platform supports Finova Capital’s vendor partners using Northteq’s embedded finance solution (API) to create a seamless merchant experience directly from their partners’ websites.
"We’re striving to simplify and redefine the lending experience from all aspects - for the borrowers, vendor and broker partners, and employees. Whether that means using our full suite of Aurora products or just one, our focus is on creating a frictionless, thoughtfully designed user experience,” said Kristian Dolan, chief executive officer and founder of Northteq.
Northteq’s Aurora LOS and Partner Portal seamlessly connects all origination workflows and areas of customer data entry allowing for effortless workflows, confidence in customer approvals, and the elimination of manual, outdated processes. Aurora increases employee productivity and ensures accuracy in customer data from start to finish.
Both companies believe when you have a simpler, faster financing experience, everyone wins. Learn more at northteq.com and finovacapital.com.
About Northteq
Northteq, Inc. is a Minneapolis, Minnesota based Salesforce FinTech company that has helped over 150 lenders provide their customers, vendors, and employees with intuitive, thoughtfully designed lending solutions. Northteq creates technology solutions with industry-leading partners including Middesk, PayNet, FICO, Equifax, Experian, D&B, TimeValue, Notarize, LexisNexis, Nintex, Ocrolus, Plaid, and many more. For more information, visit northteq.com.
About Finova Capital
Finova Capital is a new kind of merchant finance partner. The company is backed by decades of experience and is dedicated to transparency and acquirer growth. Founded in New Jersey by best-in-industry merchant finance experts and powered by retention-focused products and acquirer-enabling technology, Finova is quickly building relationships where acquirers and merchants all win. To learn more, visit FinovaCapital.com.