Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for equipment and asset finance, announced the partnership and successful integration with ConnectedFi, the UK-based broker-to-funder deal exchange solution for asset finance.

ConnectedFi provides a seamless platform for brokers to distribute opportunities, along with documentation and underwriting data, to UK funding sources for immediate processing, giving funders more information with less time and effort.

Leasepath brokers can use the origination platform’s tools to automatically identify the best funding fit for a deal, digitally capture all necessary paperwork, and now through the new partnership, can disseminate everything digitally and seamlessly to any funding source partnered with ConnectedFi. With ConnectedFi's connectivity layer, both broker and funder save time and effort on deal flow while also reducing errors by eliminating rekeying on both sides. Combined with Leasepath's Intelligent Workplace origination and CRM platform for asset finance, deals can be exchanged in their entireties between parties seamlessly and with no wasted efforts. Decisions can even be received automatically, further streamlining the relationship between broker and funding source. The relationship will look to evolve moving forward and leverage each other's technology for the benefit of their clients today, and to continue to explore strategic opportunities to develop new solutions beneficial to the equipment and asset finance industry.

Alongside the announcement of their partnership, Leasepath shared that the solution is available now for all Leasepath customers able to leverage ConnectedFi’s services. Thanks to the extendibility and flexibility of the cloud-first, fully digital Microsoft Power Platform, integrations and solutions can be ideated, developed, and implemented quickly and painlessly. Leasepath rolls out free quarterly updates to all customers that include new solutions and interface options, and the integration with the ConnectedFi platform is now available through the Q1 2022 release.

"ConnectedFi is excited to work with the Leasepath platform and the impressive team driving it," said ConnectedFi CEO Kaushik Chakravarti. "Leasepath's industry-leading origination platform has proven to be an invaluable partner for brokers and funders, and ConnectedFi is looking forward to bringing added value to their customers while simultaneously making it easier for business to get done for British equipment finance companies.”

Driven by the Microsoft Power Platform, the relationship is one that further proves the extendibility of the fully digital, cloud-first Leasepath platform. With its highly configurable architecture, integrations that once took years can be added in much shorter time frames and with less effort and cost.

"ConnectedFi is meeting a major need with an innovative approach in equipment finance, and they fit perfectly within the framework of the Intelligent Workplace," said Jeffrey Bilbrey, Leasepath CEO. "Thanks to the incredible cloud-first technology provided by the Microsoft Power Platform combined with Leasepath’s industry and technology expertise, we can seamlessly integrate with forward-thinking companies like ConnectedFi to offer enhanced digital experiences to our customers!”

Connected Financial Solutions UK Limited (trading as ConnectedFi) provides a platform for asset finance intermediaries to distribute business, along with documentation and underwriting data, to funding sources for immediate processing, giving funders more information with less time and effort.  With connections to multiple UK funding sources and with more on the way, ConnectedFi allows asset finance intermediaries to improve the quality of deals and improve focus on relationships.