ConnectedFi joins Finance Connect to drive innovation in asset finance

Finance Connect has announced ConnectedFi as its latest associate member, bringing further expertise in technology, automation and digital connectivity to its growing specialist finance community.

ConnectedFi helps commercial finance lenders connect with brokers and streamline the journey from proposal to payout. Its technology brings together systems and processes to reduce administration, accelerate decision-making and improve service for brokers and their customers.

The company provides an integration layer between brokers and lenders, enabling finance proposals to be delivered directly into lenders’ systems in the precise format required. This removes the need for manual rekeying, reduces requests for additional information and helps lenders process applications more efficiently.

To date, more than 100,000 broker proposals have been transmitted through the ConnectedFi platform, with over 160 broker firms regularly using the technology to submit business to lenders.

Alongside its broker-to-lender integration capabilities, ConnectedFi provides flexible workflow technology and configurable microservices designed to improve the progression of finance proposals through to payout. These solutions can support the entire customer journey or target individual stages where manual processes and disconnected systems create delays.

As a Finance Connect associate member, ConnectedFi will have opportunities to share its expertise, strengthen relationships across the asset finance industry and contribute to discussions around digital transformation, artificial intelligence and improving the efficiency of lender and broker interactions.

Edward Peck, Founder and CEO of Finance Connect, said: “We are delighted to welcome ConnectedFi to the Finance Connect community.

“Improving connectivity between lenders and brokers, reducing friction in the finance process and making better use of technology are important priorities for the asset finance industry. ConnectedFi brings valuable practical experience in addressing these challenges, and we look forward to Peter and the team sharing their insights and contributing to discussions around innovation, automation and the future of the broker-lender relationship.”

Peter Hunt, Director at ConnectedFi, said:

“For a company like ConnectedFi that’s harnessing AI to help lenders and brokers work together more effectively, Finance Connect is an essential forum to explore innovation and share best practice. We’re delighted to join the community.”

ConnectedFi’s membership further strengthens Finance Connect’s growing technology and innovation community, as lenders and brokers increasingly look to digital solutions to improve productivity, simplify processes and deliver better customer experiences.

With its focus on connecting systems, automating workflows and removing inefficiencies throughout the proposal-to-payout journey, ConnectedFi will bring a valuable perspective to Finance Connect’s ongoing conversations around the practical application of technology and AI in specialist finance.

For more information, visit https://connectedfi.com/ or follow ConnectedFi on LinkedIn.

To learn more about becoming a Finance Connect Corporate or Associate Member, contact Jen Pitt, Head of Sales, at +44 (0) 7570 707 017 or via email at jenpitt@finance-connect.com.