NEW YORK, May 13, 2024 – QuickFi® is pleased to announce the expansion of its QuickFi equipment financing platform into Canada. The patented QuickFi platform enables OEMs to offer equipment buyers a consistent, nearly instant, self-service equipment financing experience throughout the U.S. and Canada.
Using QuickFi, OEMs can control and deliver business equipment financing to equipment purchasers at the point of sale, using a revolutionary new, borrower-self-service, embedded finance delivery model. QuickFi is simple, fast, transparent, and cost-effective compared to traditional loan and lease workflows. QuickFi makes its OEM partners easier to do business with, and QuickFi’s 24/7 availability and self-service functionality is dramatically preferred by business borrowers.
QuickFi has additional international expansion plans. By enabling global OEMs to offer a single, nearly instant, embedded finance experience across international markets, equipment manufacturers can better control and manage a critical component of their product distribution.
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About QuickFi
QuickFi® enables global manufacturers to gain the advantages of a captive finance capability without the cost, complexity, or risk of establishing a traditional captive. With QuickFi’s revolutionary new embedded finance platform, creditworthy business equipment purchasers may obtain low, fixed-rate term equipment financing in minutes, not days or weeks, with transparent, borrower-friendly terms and conditions and 24/7 live support. OEMs operate the QuickFi platform to facilitate 50-state and Canadian business equipment financing and leasing without the traditional investments and operating costs required to establish and run a manufacturer captive finance company.