Northteq, Inc., a provider of Salesforce loan origination solutions, announced over 60 updates and upgrades to its comprehensive suite of loan origination products. With the latest feature updates, Northteq is taking a major step towards eliminating email from lending by streamlining the application process and creating enhanced efficiencies between lenders and their vendor partners.

Notable updates include a credit summary feature, providing lenders a snapshot of all their trusted credit information in one place, and three new application features designed to maximize the ease of deal submissions and expedite application creation. The application upgrades are a direct response to feedback gathered from equipment finance lenders, vendors, and brokers. The features are aimed to boost the relationship and productivity of application intake between lenders and their vendor and broker partners.

Highlighted features include:

• App to App drag and drop OCR technology enabling instant population of credit applications into Salesforce and eliminating paper-based applications.
• Equipment Finance as a Service (EFaaS) taking a deal from application to documents without human involvement utilizing a 100 percent API enabled integration.
• White-labeled credit applications meeting the needs of vendors and broker partners, allowing branded pdf applications through the partner portal, ensuring a seamless and personalized application process. Explore the full list of upgraded products and features here.

Explore the full list of upgraded products and features here.