• About
  • Privacy & Policy
  • Contact
Friday, May 9, 2025
MYTECHMAG-A Leading Technology Magazine
  • Home
  • Technology
    • Supply Chain
    • Enterprise Security
    • Cloud Technology
    • RegTech
    • HPC
    • Collaboration
    • Startups
    • IoT
    • Compliance
    • Artificial Intelligence
    • Field Service
    • CRM
    • Project Management
    • Thought Leadership
    • Fintech
    • Risk Management
    • Cyber Security
    • Enterprise Architecture
    • EAM
    • ECM
    • Women In Tech
    • Block Chain
    • Data Analytics
    • Robotics
    • Disaster Recovery
    • Marketing
    • Workflow Management
  • Industry
    • Retail
    • Healthcare
    • Construction
    • Pharma
    • Education
    • Textile
    • Aerospace and Defense
    • Banking
    • Smart City
    • Oil and Gas
    • Telecom
    • Travel & Hospitality
    • Agri Tech
    • Media & Entertainment
    • Logistics
    • Manufacturing
    • Legal
    • Government
    • Real Estate
    • Automotive
    • Food and Beverage
    • Biotech
    • HR
    • Insurance
    • Energy and Utilities
    • Contact Center
    • Capital Market
    • Chemical
    • Sports
  • Solution Providers
    • Aerospace and Defense
    • Agri Tech
    • Artificial Intelligence
    • Automotive
    • Banking
    • Capital Market
    • Cloud Technology
    • Collaboration
    • Construction
    • Contact Center
    • CRM
    • Cyber Security
    • Data Analytics
    • Disaster Recovery
    • EAM
    • ECM
    • Energy and Utilities
    • Enterprise Architecture
    • Enterprise Security
    • Fintech
    • Government
    • Healthcare
    • HR
    • Insurance
    • IOT
    • Legal
    • Logistics
    • Manufacturing
    • Marketing
    • Oil and Gas
    • Pharma
    • Retail
    • Risk Management
    • Smart City
    • Supply Chain
    • Top CEOs
    • Women in Tech
  • Magazines EditionsWhat's New
  • News & PR
    • News
    • Press Release
  • CXO Thoughts
  • Featured Articles
  • Top CEOs
  • Events
No Result
View All Result
  • Home
  • Technology
    • Supply Chain
    • Enterprise Security
    • Cloud Technology
    • RegTech
    • HPC
    • Collaboration
    • Startups
    • IoT
    • Compliance
    • Artificial Intelligence
    • Field Service
    • CRM
    • Project Management
    • Thought Leadership
    • Fintech
    • Risk Management
    • Cyber Security
    • Enterprise Architecture
    • EAM
    • ECM
    • Women In Tech
    • Block Chain
    • Data Analytics
    • Robotics
    • Disaster Recovery
    • Marketing
    • Workflow Management
  • Industry
    • Retail
    • Healthcare
    • Construction
    • Pharma
    • Education
    • Textile
    • Aerospace and Defense
    • Banking
    • Smart City
    • Oil and Gas
    • Telecom
    • Travel & Hospitality
    • Agri Tech
    • Media & Entertainment
    • Logistics
    • Manufacturing
    • Legal
    • Government
    • Real Estate
    • Automotive
    • Food and Beverage
    • Biotech
    • HR
    • Insurance
    • Energy and Utilities
    • Contact Center
    • Capital Market
    • Chemical
    • Sports
  • Solution Providers
    • Aerospace and Defense
    • Agri Tech
    • Artificial Intelligence
    • Automotive
    • Banking
    • Capital Market
    • Cloud Technology
    • Collaboration
    • Construction
    • Contact Center
    • CRM
    • Cyber Security
    • Data Analytics
    • Disaster Recovery
    • EAM
    • ECM
    • Energy and Utilities
    • Enterprise Architecture
    • Enterprise Security
    • Fintech
    • Government
    • Healthcare
    • HR
    • Insurance
    • IOT
    • Legal
    • Logistics
    • Manufacturing
    • Marketing
    • Oil and Gas
    • Pharma
    • Retail
    • Risk Management
    • Smart City
    • Supply Chain
    • Top CEOs
    • Women in Tech
  • Magazines EditionsWhat's New
  • News & PR
    • News
    • Press Release
  • CXO Thoughts
  • Featured Articles
  • Top CEOs
  • Events
No Result
View All Result
MYTECHMAG-A Leading Technology Magazine
No Result
View All Result
Home Press Release

Solifi’s Originations powers sophisticated financing models with latest release

Emily Johnson by Emily Johnson
December 13, 2022
in Press Release
Solifi
23
SHARES
91
VIEWS

MINNEAPOLIS, U.S. and MILTON KEYNES, U.K. | Dec. 13, 2022 Solifi™, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Originations for European equipment and automotive finance lenders. The new features are designed to support UK contract-hire use cases, quote for more sophisticated variable rate products, and support for rent-to-own Mietkauf financing products in German markets. With Solifi’s SaaS-based open finance platform, lenders receive innovative product releases monthly with feature flags allowing more flexible control in deploying new functionality.

“Our latest Originations release further demonstrates the flexibility of our SaaS-based open finance platform extending our U.K. and European customer’s ability to support sophisticated financing options expanding their market reach,” says Chief Product Officer (CPO) Bill Noel, “This latest release reinforces our commitment to innovation and continued product investment, which creates opportunities for our customers to adapt to market trends and stay ahead of the competition.”

The most recent release of Solifi’s Originations solution brings new value to lenders and customers, including:

Enhanced support for contract hire

  • Allows lenders to maintain, track, and itemise asset-based charges separately to support U.K. contract-hire financing. With different elements of the purchase price taxed at various rates, lenders offering contract-hire and leasing finance options can now differentiate charges separately from the depreciating asset cost.
  • Enables creation of multiple non-financed schedules in contract hire models and automatically sends supplementary value-added service costs (e.g., roadside service, regular maintenance) along with finance costs from Solifi’s Originations to the Portfolio Management system – creating integrated and seamless tracking and contract maintenance.

Variable rate expansion

  • Supports both structured and fixed payment options, creating the ability to quote for variable rates when the customer needs to make balloon or seasonal payments (e.g., as interest rates rise, the customer can adjust their payments and have the term flex as those rates change). This more sophisticated variable rate product and flexible financing option becomes increasingly desirable and suits select borrower demands while enhancing the customer experience.

Regulatory compliance – German markets

  • Supports German market Mietkauf product compliance, enabling the financing of capital equipment for a fixed duration with upfront collection and calculation of value-added-tax (VAT). This enables regulatory compliance in Germany and offers additional financing options based on customer payment collection preferences.

Get in touch to find out how Solifi can support contract-hire financing, variable rate options, and regulatory compliance. You can stay up-to-date with all our new equipment and automotive finance software features and other secured finance product releases by joining the Solifi LinkedIn community.

About Solifi

Solifi is a leading global organisation delivering a solid financial technology foundation for equipment, working capital, wholesale, and automotive finance firms. At Solifi, we believe that commerce is only as strong as the system it runs on. Our mission is to reshape finance technology by bringing together proven solutions into a singular powerful technology platform designed to help you protect and scale your business. We guard your company by being precise and reliable, we guide you to success by combining powerful technology with proven expertise, and we help you grow by unleashing the potential of your business. For more information, please visit www.solifi.com.

situs gacor

rtp slot

slot gacor

Emily Johnson
Share2Tweet6Share9
Previous Post

The 39th edition of World AI Show sets a rapid pace for the adoption of AI in the Indian landscape

Next Post

Top 8 UpLead Alternatives & Competitors

Related Posts

Press Release

Merchant West Group successfully upgrades to Solifi ABL

August 15, 2023
Solifi
Press Release

Leading South African financial institution upgrades to Solifi’s SaaS working capital solution

March 29, 2023
Solifi
Press Release

Solifi’s Originations release boosts reporting and seamless system integrations

March 9, 2023
Next Post
Top 8 UpLead Alternatives & Competitors

Top 8 UpLead Alternatives & Competitors

Tweets by MyTechMag
logo

Transforming news into insights, not only do we serve as a source of information but as the breeding ground for innovative ideas and exchange of breathtaking strategizes that can make a difference in your technological understanding.

Follow Us

  • Home
  • About Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Sitemap
  • Subscribe
  • Contact Us
  • RSS
  • Write For Us
  • Opt Out Request

Recent Posts

Top-8-Clearbit-Alternatives-&-Competitors

Top 8 Clearbit Competitors

March 28, 2024
Top-8-Lusha-alternatives

Top 8 Lusha Alternatives

March 28, 2024
  • About
  • Privacy & Policy
  • Contact

© Copyright © 2023 MYTECHMAG. All Right Reserved.

No Result
View All Result
  • Home
  • Technology
  • Industry
  • Solution Providers
  • Magazines Editions
  • News & PR
    • News
    • Press Release
  • CXO Thoughts
  • Featured Articles
  • Top CEOs
  • Events

© Copyright © 2023 MYTECHMAG. All Right Reserved.

bento4d situs toto toto slot data pengeluaran hk bento4d rtp bento4d
rtp slot gacor rtp slot