How they describe themselves: defi SOLUTIONS provides an innovative Loan Origination Solution (LOS) that fuels auto lenders with the ability to increase applications and funding by leveraging defi SOLUTIONS’ technology to compete and grow.
defi SOLUTIONS’ industry leading, browser-based LOS is completely configurable and easy to implement. Auto lenders can manage the application from a single, flexible SaaS platform and it is affordable, scalable, and easily accessible from mobile devices.
Current clients process between 10,000 to 30,000 applications per month and fund between 500 and 1,500 deals per month. defi SOLUTIONS’ client base includes sub-prime finance companies, captives, start-up lenders, and established auto-finance companies.
How they describe their product/innovation: defi SOLUTIONS is taking auto lending to the next level with the industry’s first fully configurable LOS that can launch within days, not months. defi SOLUTIONS has introduced an intuitive, web-based system that provides lenders the ability to choose the functionality that is right for their company without costly development time. Lenders are able to instantly make changes to the defi system to meet changing market demands.
Product Distribution Strategy: Direct to Business (B2B)