Bill Verhelle announced the formation of Innovation Finance USA LLC, a new national lending business with headquarters in Fairport, N.Y. Innovation Finance serves large, creditworthy corporate and non-profit borrowers located throughout the U.S.
Verhelle believes industry methods to deliver equipment financing to commercial borrowers can be greatly improved. Today, sophisticated borrowers often endure a painful and time-consuming bid process, followed by slow credit and funding processes. The experience often involves unnecessary meetings, telephone calls and delays.
“Business executives want self-service, transparent financing solutions for their growing companies,” said Verhelle.
Innovation Finance represents a new kind of commercial lending business, built for speed, simplicity and transparency. Serving larger, sophisticated corporate and non-profit borrowers, Innovation Finance is committed to delivering a dramatically improved customer experience.
“Starting with a clean slate, we created a new business model, with no compromises required to accommodate legacy systems or existing processes,” he added.
Innovation Finance is headquartered in Fairport, NY. Verhelle previously founded Harvard Partners and First American Equipment Finance. For more information about Innovation Finance, see InnovationFinance.com.