Startup ALL Capital adopts Solifi’s asset-based lending platform
ALL Capital will offer debt capital ranging from roughly $7M to $27M
ALL Capital has implemented equipment finance software provider Solifi‘s asset-based lending platform to support the new lender’s launch.
Founded by private credit veterans Charlie Hodgson and Mike Bryon, ALL Capital offers flexible debt capital for clients seeking between 5 million British pounds ($6.7 million) and $26.8 million, according to a Solifi release today. The company selected Solifi’s platform to streamline operations and scale growth.
“With Solifi ABL, ALL Capital will be equipped with the tools they need to help establish themselves as key players in the industry,” Solifi Chief Product Officer Karan Oberoi stated in the release.
The platform provides near real-time data, a borrower portal for funding requests, automated accounts receivable reviews and trend reporting for portfolio insights. Hodgson said Solifi’s system “aligned well with our overall strategy” and highlighted its configurability, speed and flexibility.
Editor’s note: All amounts have been converted to U.S. dollars.
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