Northteq Announces New Product Upgrades to Streamline Lending Process, Eliminating Email

May 8, 2023

App to App and EF as a Service (EFaaS) Streamlines Application Processes and Enhances Efficiencies for Lenders

MINNEAPOLIS, MINNESOTA (May 8, 2023) - Northteq, Inc., a leading provider of Salesforce loan origination solutions, announces over 60 updates and upgrades to its comprehensive suite of loan origination products. With the latest feature updates, Northteq is taking a major step towards eliminating email from lending by streamlining the application process and creating enhanced efficiencies between lenders and their vendor partners.

Notable updates include a credit summary feature, providing lenders a snapshot of all their trusted credit information in one place, and three new application features designed to maximize the ease of deal submissions and expedite application creation. The application upgrades are a direct response to feedback gathered from equipment finance lenders, vendors, and brokers. The features are aimed to boost the relationship and productivity of application intake between lenders and their vendor and broker partners.

Highlighted features include:

  • App to App drag and drop OCR technology enabling instant population of credit applications into Salesforce and eliminating paper-based applications.
  • Equipment Finance as a Service (EFaaS) taking a deal from application to documents without human involvement utilizing a 100% API enabled integration.
  • White-labeled credit applications meeting the needs of vendors and broker partners, allowing branded pdf applications through the partner portal, ensuring a seamless and personalized application process.

Explore the full list of upgraded products and features here.

About Northteq

Northteq, Inc. is a Minneapolis, Minnesota-based fintech company that has helped over 175 lenders provide their customers, vendors, and employees with intuitive, thoughtfully designed lending solutions.

Northteq’s flagship product, Aurora, is an automated, Salesforce powered loan origination system and partner portal. They also offer turnkey Salesforce apps created through partnerships with fintech industry leaders including Middesk, PayNet, FICO, Equifax, Experian, D&B, TimeValue, Nintex, Ocrolus, Plaid, and many more. For more information visit northteq.com.

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