Solifi, a global fintech software provider for secured finance, announced the successful implementation of its equipment finance solutions by Rosenthal & Rosenthal, a U.S.-based commercial finance firm, according to a Feb. 12 release.
Milton Keynes, U.K.-based Rosenthal, which specializes in factoring, asset-based lending and purchase order financing, expanded into equipment finance to meet growing demand for short-term working capital and a single-provider solution, according to the release. The firm leveraged Minneapolis-based Solifi’s technology to streamline its expansion and enhance its alternative financing offerings.
Following its acquisition of Accord Equipment Finance, Rosenthal required a scalable solution to migrate existing contracts and integrate new operations, according to the release. Solifi implemented the system within eight weeks, launching ahead of schedule.
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