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BSB Leasing Partners with Northteq to Automate Loan Origination

January 15, 2025, 06:54 AM
Filed Under: Industry News
Related: Northteq

Northteq, a provider of equipment finance loan origination software, has partnered with BSB Leasing, a superbroker that connects brokers with direct funding sources. By implementing Northteq’s Aurora Loan Origination System (LOS), BSB Leasing has automated processes, reduced deal turnaround times and enhanced the broker and vendor experience with advanced automation and compliance tools.

BSB Leasing replaced time-consuming tasks with automated workflows, ensuring their brokers and vendors can focus on business growth instead of manual data entry and verifications. With faster funding decisions, an intuitive user experience and a compliance-driven workflow, Aurora LOS ensures brokers receive timely approvals while maintaining BSB Leasing’s commitment to regulatory excellence.

"We’ve cut down deal turnaround times, which is huge for our brokers,” said Dylan Myerson, vice president at BSB Leasing. “Northteq’s automation eliminates a lot of the back-and-forth and inefficiencies. The enhanced transparency throughout the process has improved our broker’s satisfaction and trust in BSB Leasing.”

Built on the Salesforce platform, Aurora LOS combines powerful automation with customizable workflows that enable BSB Leasing to quickly adapt to market shifts while maintaining consistent, reliable service. By streamlining the application and approval process through a dedicated broker portal, BSB Leasing empowers its partners to process deals faster and provide better service to their customers.

"Our partnership with BSB Leasing highlights how automation can scale your syndication process and daily operations without compromising the personal touch brokers value,” noted Kristian Dolan, chief executive officer of Northteq. "Aurora LOS automates the loan origination process, making it faster and more adaptable while creating an amazing vendor, broker and borrower experience. This implementation shows how lenders can use automation to scale their businesses while maintaining the personalized service their customers expect."

"Aurora LOS is not just about solving today’s problems—it’s about giving us the flexibility to grow and scale as market conditions and partner needs change," Myerson added.







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