Beautifi, a provider of financing solutions for cosmetic procedures, selected Inovatec Systems, a provider of cloud-based software solutions for lenders, to provide cloud-based loan origination and loan management services for clinics, practitioners and patients across Canada. Through this partnership, both consumers and medical providers can quickly apply for loans and secure funding online through a private and secure interface.

Headquartered in Vancouver, BC, Beautifi is a marketplace that connects cosmetic surgeons, clinics and other providers with consumers. Through the Beautifi portal, patients can obtain information on various treatments and procedures ranging from rhinoplasty to dental implants to hair replacements, locate physicians and other practitioners and read reviews and book appointments.

Through the integration with the Inovatec platform, providers and patients can apply for loans that range from C$2,500 ($1,935.13) to over C$25,000 ($19,351.25) to finance surgeries and treatments. Loan approvals take only seconds and Beautifi pays practitioners directly.

“We are very happy to join forces with Beautifi to bring a much-needed service to tens of thousands of Canadians who are looking for cost-effective financing options to pay for cosmetic procedures and treatments,” Vlad Kovacevic, co-founder and CEO of Inovatec, said. “Our technology enables the clinics and patients who rely on Beautifi to quickly manage the loan application, approval and funding processes from the comfort and privacy of their own homes.”

Inovatec’s cloud-based financing technology enables lenders to streamline loan processing, decisioning and management with intelligent automation that can be configured to meet lenders’ needs. The company’s systems allow lenders to adjust workflows as needed, helping them to grow their businesses without compromising on data security, privacy and regulatory compliance.

“Inovatec is a leader in providing flexible, reliable and secure loan origination and loan management solutions that serve the needs of multiple stakeholders,” Ryan Brinkhurst, founder and CEO of Beautifi, said. “With their systems, our partners and patients can quickly get the financing they need and do so in a completely private, comfortable and secure manner.”