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Lendscape and Findustrial Forge Partnership to Innovate Pay-Per-Use Financing Solutions

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Date: Oct 22, 2024 @ 06:40 AM
Filed Under: Industry News

Lendscape, a global leader in secured business finance technology,  announced a strategic partnership with Findustrial, specialists in pay-per-use and as-a-service financing models. This collaboration will offer flexible, data-driven financing solutions based on actual asset usage, unlocking new revenue streams for lenders and manufacturers.

By integrating Lendscape’s next-generation asset finance technology with Findustrial’s expertise in pay-per-use models and its digital platform that connects lenders, manufacturers, and businesses, the partnership offers a comprehensive, “plug-and-play” platform for providing pay-per-use financing.  

The API-first solution allows providers to offer equipment financing based on actual usage rather than fixed monthly payments, meeting surging market demand for usage-based and sustainable finance models. This is especially valuable in industries such as green energy, manufacturing, construction, and automation, where asset utilisation fluctuates and directly influences end-client revenues.

The partnership offers numerous benefits for lenders, manufacturers, and clients:

  • Flexibility: Providers can tailor and automatically adjust financing based on their clients’ needs and usage data
  • Scalability: The cloud-native platform scales effortlessly with business growth
  • Speed to market: Lendscape and Findustrial’s combination of technology and expertise ensures quick setup and deployment
  • Efficiency: A single platform optimises and simplifies operations
  • Visibility: Clients can track asset use through an online portal

Steve Taplin, Managing Director of Lendscape, commented: “Pay-per-use models are revolutionising the  industry , offering a true ‘win-win’ for all involved. Lenders and manufacturers can turn fixed costs into flexible, sustainable revenue streams, while their clients only pay for what they actually use - boosting satisfaction and loyalty. Plus, these models provide all parties with valuable data on the environmental and social impact of asset use.  We’re thrilled to partner with Findustrial in bringing the benefits of usage-based finance to a broader audience.”  

Günter Hehenfelder, CEO and Founder of Findustrial, added: "This partnership marks a pivotal step in advancing flexible, data-driven financing models. By combining our pay-per-use expertise and digital platform with Lendscape’s advanced technology, we’re delivering a unique, all-in-one solution for developing, delivering, and managing Equipment-as-a-Service. We’re excited about collaborating with Lendscape and empowering businesses to embrace sustainable, innovative financing  that fuels long-term growth.



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