Northteq’s aurora Salesforce-native solution delivers fast go-live, deep integrations, and a foundation for long-term automation and scale.
Minneapolis, MN – [July 30, 2025] – Elevex Capital, a newly launched commercial equipment finance company, has implemented Northteq’s aurora Loan Origination System (aurora) as the foundation of its technology-driven lending platform, branded as Rock. The aurora-powered Salesforce platform enabled Elevex to begin originating and processing deals from day one, laying the groundwork for embedded finance, automation, and future AI capabilities.
Rather than investing in middleware or a multi-year custom built platform, Elevex chose aurora for its Salesforce-native architecture, out-of-the-box automated workflows, integration ready API framework, and long-term flexibility. The platform supports custom credit scoring logic, AI-driven automation, and APIs for key data providers, including Equifax, Plaid, Moody’s, and SBSS.
“We got to market fast, and now we’re building intelligent automation on top of that foundation,” Elliott added. “We’re creating a platform that grows with our needs and stays ahead of where the industry is moving.”
Aurora’s launch marks the first phase of Elevex’s four-phase technology roadmap. To support their long-term vision, Elevex prioritized building integrations with essential tools like Equifax, PayNet, Moody’s, and DocuSign, enabling true straight-through deal processing and eliminating re-entry across the deal lifecycle. Together, Northteq and Elevex are collaborating to develop platform-driven tools that automate operations, expand capital markets capabilities, and utilize AI to accelerate underwriting, due diligence, and portfolio reviews. The company is also exploring usage-based pricing, IoT-connected assets, and a proprietary capital markets desk to trade transactions in near real-time.
As Elevex grows, aurora will remain the engine powering seamless originations, embedded finance tools, and the flexibility to evolve with the ever-changing market demands.
About Elevex Capital
Headquartered in Westlake, Ohio, Elevex Capital is a provider of cutting-edge commercial equipment financing and leasing services in North America. Our mission is to redefine how businesses access financing for essential equipment.
About Northteq
Northteq, LLC is a Minneapolis, Minnesota-based fintech company that has empowered over 175 lenders to provide their borrowers, vendors, and employees with automated lending solutions that increase revenue and create better lending decisions. Aurora, Northteq’s flagship product, is an automated, Salesforce-powered loan origination system, vendor, and borrower portal.
Northteq carefully selects partnerships with industry-leading providers in credit, fraud detection, and other essential areas, such as Middesk, Truepic, PayNet, Mastercard Identity, FICO, Equifax, Experian, D&B, TimeValue, LexisNexis, Nintex, Ocrolus, Plaid, and more. By choosing the best partners, Northteq offers lenders partner integrations that allow them to make smarter, automated lending decisions.
Northteq is now primarily owned by Arthur Ventures, a respected Minneapolis-based early growth capital firm known for leading investments in B2B software companies. This partnership positions Northteq for continued growth and innovation. Since 2013, Arthur Ventures has partnered with over 50 companies across the United States and Canada. For more information visit northteq.com.
