BSB Leasing Partners with Northteq to Automate Loan Origination and Enhance Broker Experience with Aurora LOS

MINNEAPOLIS, MINNESOTA (January 14, 2025)—Northteq, a leading provider of equipment finance loan origination software, has partnered with BSB Leasing, a superbroker that connects brokers with direct funding sources. By implementing Northteq’s Aurora Loan Origination System (LOS), BSB Leasing has automated processes, reduced deal turnaround times, and enhanced the broker and vendor experience with advanced automation and compliance tools.

BSB Leasing replaced time-consuming tasks with automated workflows, ensuring their brokers and vendors can focus on business growth instead of manual data entry and verifications. With faster funding decisions, an intuitive user experience, and a compliance-driven workflow, Aurora LOS ensures brokers receive timely approvals while maintaining BSB Leasing’s commitment to regulatory excellence.

"We’ve cut down deal turnaround times, which is huge for our brokers,” commented Dylan Myerson, vice president at BSB Leasing. “Northteq’s automation eliminates a lot of the back-and-forth and inefficiencies. The enhanced transparency throughout the process has improved our broker’s satisfaction and trust in BSB Leasing.”

Built on the Salesforce platform, Aurora LOS combines powerful automation with customizable workflows that enable BSB Leasing to quickly adapt to market shifts while maintaining consistent, reliable service. By streamlining the application and approval process through a dedicated broker portal, BSB Leasing empowers its partners to process deals faster and provide better service to their customers.

"Our partnership with BSB Leasing highlights how automation can scale your syndication process and daily operations without compromising the personal touch brokers value,” noted Kristian Dolan, chief executive officer of Northteq. "Aurora LOS automates the loan origination process, making it faster and more adaptable while creating an amazing vendor, broker, and borrower experience. This implementation shows how lenders can use automation to scale their businesses while maintaining the personalized service their customers expect."

"Aurora LOS is not just about solving today’s problems—it’s about giving us the flexibility to grow and scale as market conditions and partner needs change," Myerson added.

About BSB Leasing

Founded in 1981, BSB Leasing is a leading provider of equipment leasing and financing solutions, specializing in helping brokers and small businesses across the United States secure the funding they need. With over $1 billion in financing provided, BSB Leasing offers personalized service, flexible financing options, and a commitment to empowering partners and clients to succeed. Learn more at bsbleasing.com.

About Northteq 

Northteq, LLC is a Minneapolis, Minnesota-based fintech company that has empowered over 175 lenders to provide their borrowers, vendors, and employees with automated lending solutions that increase revenue and create better lending decisions. Aurora, Northteq’s flagship product, is an automated, Salesforce-powered loan origination system, vendor, and borrower portal.

Northteq carefully selects partnerships with industry-leading providers in credit, fraud detection, and other essential areas such as Middesk, Truepic, PayNet, Mastercard Identity, FICO, Equifax, Experian, D&B, TimeValue, LexisNexis, Nintex, Ocrolus, Plaid and more. By choosing the best partners, Northteq offers lenders streamlined turnkey app integrations that allow them to make smarter, automated lending decisions.

Northteq is now primarily owned by Arthur Ventures, a respected Minneapolis-based early growth capital firm known for leading investments in B2B software companies. This partnership positions Northteq for continued growth and innovation. Since 2013, Arthur Ventures has partnered with over 50 companies across the United States and Canada. For more information, please visit northteq.com.

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