eOriginal and LeaseTeam announced they have collaborated to deliver a fully digital transaction management (DTM) solution for OnePlace Capital, an equipment financing company servicing U.S. medical, dental and veterinary practitioners.

Headquartered in West Des Moines, IA, OnePlace Capital, a division of Bank Midwest, serves the Healthcare industry by providing leading institutions and Practitioners with more purchasing power to acquire additional and leading-edge Healthcare equipment.

The company features a financing model where every loan is designed to fit the specific needs of the requesting Healthcare practice. The team at OnePlace Capital came to eOriginal and LeaseTeam to simplify its loan origination process and reduce its sales cycle, while still providing a customizable level of customer support and financing.

“Our partnership with eOriginal and LeaseTeam enables us to increase our efficiency with our loan origination processes, while still providing exceptional customer service,” said Scott Stewart, president of OnePlace Capital. “Every loan we process, no matter the size, costs our company the same amount of time and money to originate. By leveraging this technology, it’s a win-win situation: we decrease our average transaction time, while better serving our vendor partners and borrowers.”

“Paper will soon become a thing of the past within the equipment leasing industry,” said Dan O’Malley, president and CEO of LeaseTeam. “As competition continues to grow within the industry, companies like OnePlace Capital will be able to conduct business in a better and more efficient manner, attracting more customers and increasing their financing opportunities.”