iQuippo launched its upgraded financing portal (www.iquippo.com) and became the first digital platform in the country to digitise the co-lending programmes of banks and NBFCs.

The platform now offers its customers an option to choose offers from different financial institutions. It also negotiates with them online on behalf of the financial institutions and customises offers according to their financing needs. Customers will be able to track their loan applications online, get feedback on documents that they need to avail loans and get answers to all their queries relating to the disbursement process. They will also benefit from a single-window access to multiple financiers, simple documentation and hassle-free application. They will also get real-time offers from the financiers in the form of competitive rates and higher loan to value ratio (LTVs). Following this launch, iQuippo's customers will be to avail finance for their equipment purchase at the click of a mouse from the comfort of their home/office.

Meanwhile, dealers will be able to upload their invoices, generate leads, track customer applications and avail a free Customer Relationship Management tool which will improve their client relationships.

Financiers will have a chance to check credit scores and receive other necessary data for loan approvals in a transparent and efficient manner. This will lead to a quicker turnaround time, digitised documentation and reduction in cost for financing partners.