The QuickFi® platform has been shortlisted for the 2021 Banking Tech Awards in the Best Use of IT for Lending, Best Mobile Initiative, and Best Digital Initiative categories.
London, United Kingdom (September 21, 2021) – QuickFi®, the creator of QuickFi for Banks seeking a faster, more efficient, more secure, 100% digital lending platform to serve the business equipment financing needs of bank SMB customers, announces that the 2021 International Banking Technology Awards by FinTech Futures has selected it as a finalist in the categories of Best Use of IT for Lending, Best Mobile Initiative, and Best Digital Initiative.
The patented QuickFi platform incorporates facial recognition, drivers’ license authentication, A.I., blockchain and advanced iOS and Android mobile technologies. SMB borrowers may initiate and complete financing in three minutes on the mobile, 100% self-service financing platform anytime, anywhere, 24/7/365.
QuickFi transactions are originated, scored, authenticated, structured, credit approved, documented, funded, and serviced entirely on the 100% digital QuickFi platform. The platform, which is controlled by the partner bank, costs 1/5th to 1/10th the cost of operating a traditional bank business lending model. Business equipment loan and lease transactions that previously took days or weeks to complete are consummated securely in minutes.
Credit, exposure, equipment, and compliance criteria are established and controlled by each participating bank. The originating bank retains all the interest and other income relating to the loan and lease transactions.
QuickFi currently provides manufacturer equipment financing programs for global companies including Johnson Controls, SANY, Atlas Copco and Juniper Networks.
About QuickFi® by Innovation Finance USA LLC:
QuickFi is a 100% digital, self-service, technology platform designed to serve creditworthy business borrowers by employing the latest technology, and by enabling an entirely new, customer-friendly self-service business model.
QuickFi is operated by global equipment manufacturers and banks wishing to quickly and cost effectively adopt the most advanced, secure, low cost, white label branded, end-to-end 100% digital equipment financing platform.
Qualifying QuickFi manufacturer and bank partners pay no up-front cost, and no long-term commitment is required.
QuickFi founders have deep banking industry experience, professional relationships, knowledge, and excellent reputations in the U.S. equipment finance industry. See bios here: quickfi.com/team
For more information see: quickfi.com/banking and schedule a 15-minute demo here.