Geneva Capital Launches Northteq’s Aurora Loan Origination System
MINNEAPOLIS, MN – (May 8, 2024) Northteq, Inc., a leader in automated loan origination solutions, has successfully implemented the Aurora platform for Geneva Capital, LLC (Geneva Capital), streamlining their operations and setting the stage for future growth. Geneva Capital sought the Aurora platform to enhance their equipment financing operations, looking for automation and scalability. They chose Northteq for their expertise in Salesforce, operational enhancement capabilities, and local presence, valuing a partnership approach.
Aaron Zollner, director of IT at Geneva Capital shared, “Our goal was to adopt a web-based application that would allow future enhancements and various app integrations. This transition not only streamlines our operations for greater efficiency but also greatly enriches the experiences of our vendors and customers by leveraging a variety of tools.”
Moving forward, Geneva Capital plans to continue to enhance their Loan Origination System and Partner Portal, broadening the services offered and deepening the user experience for both borrowers and equipment vendors. Future enhancements include implementing an embedded finance solution that streamlines the origination process, ensuring a seamless end-to-end experience.
“Northteq has gone above and beyond their role as a technology provider. They’ve been excellent advisors to our team, guiding us through several complex challenges while remaining focused on our long-term success,” added Andrew Cavers, president of Geneva Capital.
About Northteq
Northteq, Inc. is a Minneapolis, Minnesota-based fintech company that has helped over 175 lenders provide their customers, vendors, and employees with intuitive, thoughtfully designed lending solutions. Aurora, Northteq’s flagship product, is an automated, Salesforce powered loan origination system and partner portal. They also offer turnkey Salesforce apps created through key partnerships with fintech industry leaders including Middesk, PayNet, FICO, Equifax, Experian, D&B, TimeValue, LexisNexis, Nintex, Ocrolus, Plaid, and many more.
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, please visit northteq.com.
About Geneva Capital
Geneva Capital, LLC is a privately held equipment finance company located in Alexandria, MN. Founded in 2000 by Mark Watkins, Geneva focuses on bringing flexible finance solutions and excellent customers to the niche markets they serve. To learn more about Geneva Capital, visit www.gogc.com.
