TSL Express Daily News
The Secured Lender
SFNet's 40 Under 40 Awards Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
June 14, 2024
Source: Solifi
Founded in 1974 as Decision Systems, Solifi hits a commendable milestone
MINNEAPOLIS, U.S. and MILTON KEYNES, U.K. | 14 June. 2024, Solifi, a global fintech software partner for secured finance, is celebrating its 50th anniversary after enjoying substantial growth in 2023.
Founded in Minnesota as Decision Systems in 1974, the business initially specialized in solutions for equipment finance. Over time, the business has expanded to offer technology solutions to the wider secured finance market including equipment finance, automotive finance, wholesale finance and working capital. Serving more than 300 customers, Solifi has operations globally, with dual headquarters in the US and UK, and regional offices in Australia, Austria, Canada, Germany, and India.
Throughout its 5-decade long history, Solifi has been at the forefront of innovation and has cemented its leadership in the secured finance market. With the launch of its Open Finance Platform, Solifi has led the transition of enterprise mission-critical systems to the cloud. With a comprehensive portfolio of SaaS solutions from point-of-sale origination to back-office servicing, pricing, digital engagement and customer self-service solutions, Solifi customers range from small innovative independents to some of the world’s largest banks and OEM captives.
“It has been a remarkable 50 years for the business. Staying relevant and resilient over such a sustained period of time, where market forces including technology advancement, an ever changing regulatory environment and numerous economic cycles have dramatically reshaped our industry, is a testament to the strength our products, the enduring partnerships we build with our customers, and of course the fantastic work of our employees,” says David Hamilton, Solifi CEO. “From the outset, we have been committed to delivering scalable, secure, best-in-class solutions to the secured finance industry. In 2023, we welcomed 14 new enterprise customers, completed more than 230 customer projects and grew our SaaS revenue 78%. In 2024 and beyond, we plan to continue executing against our vision, delivering growth and further enhancing our customer partnerships. I have no doubt that the years ahead will be even more exciting for our business, our customers and our employees.”
About Solifi
Celebrating 50 years of business, Solifi is a Fintech 100 provider for equipment, working capital, wholesale, and automotive finance firms. 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.
For more information
Company: Solifi
Contact name: Michelle Lansdowne
Phone: + 1 612 851 3200
Email address: mlansdowne@solifi.com
