FinovateFall 2021 / QuickFi
Presenter Profile:
How they describe themselves: QuickFi allows business borrowers to initiate and complete equipment financing that previously took days or weeks, in minutes … anywhere and at any time. QuickFi uses facial-recognition, blockchain, AI, and the latest mobile and cloud technologies to revolutionize the business equipment financing process. Global equipment manufacturers and banks can easily adopt the end-to-end, 100% digital, QuickFi platform to cut costs and dramatically improve the borrower experience.
How they describe their product/innovation: The QuickFi demo will show how a business borrower can create a QuickFi account, authenticate and credit score their business, and complete a term financing transaction to acquire new business equipment in about five minutes, from anywhere, at any time of the day or night.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts
Bus. Dev.: Bill Verhelle, CEO, bill@quickfi.com, 239-227-4662
Press: Joseph Vu, CMO, joe@quickfi.com, 585-207-0279
Website: quickFi.com
LinkedIn: linkedin.com/company/innovation-finance
Twitter: @innovation_fin
HQ: Fairport, New York
Founded: January 2018
Product Demoed: QuickFi®
Metrics: QuickFi currently serves multiple, global business equipment manufacturers for customer financing of new equipment sales throughout the United States. The QuickFi platform allows global equipment manufacturers to establish and roll-out 100% digital business equipment financing in less than 30 days.
Once a manufacturer, private label financing program is established, QuickFi empowers equipment buyers with 24/7 self-service access to low, fixed rate term financing and equipment leases. Loans and leases that previously took days or weeks to complete may be completed by equipment purchasers in minutes, at any time, from anywhere.
QuickFi was launched with a $12M investment from the two founders of First American Commercial Bancorp, Inc., (First American Equipment Finance) which is now the U.S. business equipment financing arm for Royal Bank of Canada. The QuickFi platform is patent pending in about twenty-five countries.
Actively Seeking Capital: Yes
Presenters: Nate Gibbons (COO), Jillian Munson (Technology Project Manager)
- Key Executives
Bill Verhelle (CEO), Mark Tomaselli (CTO), Mike Ziegelmann (CFO), Nathan Gibbons (COO), Joe Vu (CMO), Mendel Guillaume (SVP), Courtney Dioguardi (SVP), Chip Hainley (SVP)
Key Stats
- Key Board Members & Investors
Bill Verhelle, Guy Klingler
- Key Partnerships
SANY America, Inc., Johnson Controls Inc., Atlas Copco Compressors LLC, Juniper Networks