Northteq partners with BSB Leasing to bolster loan automation
Loan origination software features dedicated broker portal
Northteq, an equipment finance loan origination software provider, has partnered with BSB Leasing, a firm specializing in connecting brokers with direct funding sources.
The collaboration centers around Northteq’s Aurora Loan Origination System (LOS), which has streamlined BSB Leasing’s processes by automating workflows, enhancing efficiency and improving the experience for brokers and vendors, according to a Jan. 14 release.
By adopting Aurora LOS, BSB Leasing has significantly reduced deal turnaround times, according to the release. The platform’s automation features have replaced manual tasks like data entry and verification, allowing brokers and vendors to focus on business growth. The system also helps with compliance-focused workflows, ensuring timely approvals while upholding regulatory standards.
“We’ve cut down deal turnaround times, which is huge for our brokers,” BSB Leasing Vice President Dylan Myerson stated in the release. “Northteq’s automation eliminates inefficiencies, and the enhanced transparency has improved broker satisfaction and trust in our services.”
Aurora LOS offers automation combined with customizable workflows, enabling BSB Leasing to adapt quickly to market shifts. The platform also features a dedicated broker portal, streamlining the application and approval process to help partners process deals faster.
Automation helps businesses scale their operations without losing the personal touch that brokers value, Northteq Chief Executive Kristian Dolan stated in the release.
The third annual Equipment Finance Connect at the JW Marriott Nashville in Nashville, Tenn., on May 14-15, 2025, is the only event that brings together equipment dealers and lenders to share insights, attend discussions on crucial industry topics and network with peers. Learn more about the event and register here.
Proud Member Of
Check Out Our Industry Event
