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Regents Capital picks Fincura to revolutionize financial spreading

Posted by Fincura | Feb 25, 2020 6:30:00 AM

Regents analysts onboarded in one week and delivering complete spreads 80% faster

Regents picks Fincura for financial spreading

Fincura is excited to welcome Regents Capital Corporation, a rapidly growing independent commercial equipment finance firm with 35% YoY funded volume growth, to its family of customers. Regents Capital will take advantage of Fincura’s financial insight engine to drive faster, easier, and more accurate spreading of client financial statements for both new originations and portfolio monitoring.

By choosing Fincura, Regents Capital will see their time spent collecting, keying, and analyzing financial documents decrease by over one hour per spread. As a result, their analysts will be able to evaluate more deals, a key capacity for Regents to continue its aggressive growth curve. Additionally, Regents is now able to capture and unify their borrower data to create an internal data asset that will help drive better decision-making across their entire organization.

“Fincura is an essential addition to our tech stack and our growth plans for 2020. I was astonished by how quickly they got our team launched and running,” says Don Hansen, CEO at Regents Capital. “Beyond the efficiency gains, the real power lies in the internal data asset Fincura gives us. With deeper, more robust data, we can improve every step in our process, from focusing sales on best fit opportunities to managing risk more proactively.”

“We love working with innovative, fast-moving lenders like Regents Capital. Their team learned very quickly, getting up and running in under a week,” says Cody Putre, COO and co-founder of Fincura. “We’re excited to partner closely with them to help validate our product roadmap and drive high value capabilities that all of our customers will love.”

About Fincura

Fincura unlocks all of the data that is trapped in financial statements and spreadsheets today so finance companies can use it to differentiate themselves, optimize their operations, and future-proof their businesses. By marrying artificial intelligence and human judgment, our financial insight engine can extract all the data – every line item from every document – and ensure that every team has easy access to this unified, transparent, deep data asset. Our secure, cloud-based architecture and focus on amazing user experiences allows us to enhance the product continuously, integrate with other systems easily, and launch new customers in days.

About Regents Capital

Regents Capital Corporation is a rapidly growing independent commercial equipment finance firm committed to changing the way companies finance equipment. Regents believes in serving as their client’s financial partner, not just provider by turning their client’s equipment financing realities into results. These partnerships in turn have resulted in average 35% year-over-year funded volume growth. Regents’ success with over 110 years collective finance expertise and direct funding capabilities serves to demonstrate their agility, ability, attentiveness and most of all, as an agent for change.

Topics: news

Written by Fincura