Leasepath and ConnectedFi Partner to Connect Brokers and Funders
APR 13, 2022 - 7:06 am
Leasepath, an equipment leasing software solutions provider, is partnering with ConnectedFi, a UK-based broker-to-funder deal exchange solution for the asset finance industry, to connect brokers and funders.
ConnectedFi provides a platform for brokers to distribute opportunities along with documentation and underwriting data to UK funding sources for immediate processing. Through the partnership, which is driven by the Microsoft Power Platform, Leasepath brokers will be able to use the origination platform’s tools to automatically identify the best funding fit for a deal, digitally capture all necessary paperwork and disseminate all information digitally to any funding source partnered with ConnectedFi. With ConnectedFi’s connectivity layer, both brokers and funders can save time and effort on deal flow while also reducing errors by eliminating rekeying on both sides. Combined with Leasepath’s Intelligent Workplace origination and CRM platform for asset finance, deals can be exchanged in their entirety between parties. Decisions can even be received automatically, further streamlining the relationship between broker and funding source.
Alongside the announcement of the partnership, Leasepath is making the solution available now for all Leasepath customers that are able to leverage ConnectedFi’s services, with the integration part of Leasepath’s Q1/22 update to its software solutions.
“ConnectedFi is excited to work with the Leasepath platform and the impressive team driving it,” Kaushik Chakravarti, CEO of ConnectedFi, said. “Leasepath’s industry-leading origination platform has proven to be an invaluable partner for brokers and funders, and ConnectedFi is looking forward to bringing added value to their customers while simultaneously making it easier for business to get done for British equipment finance companies.”
“ConnectedFi is meeting a major need with an innovative approach in equipment finance, and they fit perfectly within the framework of the Intelligent Workplace,” Jeffrey Bilbrey, CEO of Leasepath, said. “Thanks to the incredible cloud-first technology provided by the Microsoft Power Platform, combined with Leasepath’s industry and technology expertise, we can seamlessly integrate with forward-thinking companies like ConnectedFi to offer enhanced digital experiences to our customers.”
Connected Financial Solutions UK Limited (trading as ConnectedFi) provides a platform for asset finance intermediaries to distribute business, along with documentation and underwriting data, to funding sources for immediate processing, giving funders more information with less time and effort. With connections to multiple UK funding sources and with more on the way, ConnectedFi allows asset finance intermediaries to improve the quality of deals and improve focus on relationships. Learn more at www.connectedfi.com
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