ConnectedFi reaches 100,000 live deals milestone

ConnectedFi has processed its 100,000th live deal, marking a significant milestone for the specialist API platform that connects asset finance brokers and lenders to streamline proposal processing and accelerate credit decisions.

The company said the achievement reinforces its position as an institutional-grade digital interface between brokers and funders, enabling more efficient data exchange and reducing administrative burden across the asset finance market.

ConnectedFi integrates directly with brokers’ proposal management systems, automatically presenting proposal information in the format required by each lender. By ensuring funders receive the correct information and supporting documentation at the outset, the platform removes the need for re-keying data or requesting additional information, helping to speed up the credit assessment process and improve service for end customers.

The platform also enables lenders to communicate electronically with brokers throughout the lifecycle of an application. This includes automated status updates, tailored requests for additional information, real-time pricing and auto-populated documents for electronic signature.

For brokers, ConnectedFi offers a single integration to multiple lenders, allowing proposals to be submitted across a range of funders without the need to log into multiple lender portals. Proposal information is captured once, enabling brokers to redirect applications to alternative lenders without re-entering data if required.

The company also provides a free proposal management platform for smaller brokers that do not have their own proposal management system, allowing them to submit customised proposals to multiple lenders through a single portal.

“ConnectedFi is the market standard for brokers seeking faster speed-to-decision from their funders, and for funders looking to offer a better service to their brokers.”