Aurora’s automated credit approvals and seamless dealer workflows drive LBX Capital’s sustainable growth.
Minneapolis, MN – [February 10, 2025] – Northteq, a leader in automated loan origination solutions, helped LBX Capital, the financing arm of LBX Company, transform its credit operations using the Aurora platform. This implementation has led to a 311% increase in financed units, a 264% rise in applications, and a 275% growth in contracts from December 2023 to December 2024. LBX Capital supports Link-Belt Excavator dealers nationwide by offering tailored lending options that strengthen dealer relationships and enhance the purchasing experience for customers.
Aurora automated LBX Capital’s credit approvals, eliminating operational bottlenecks and back-and-forth emails with dealers, making the financing process seamless for both borrowers and dealers. As a result, LBX Capital reduced credit approval times from hours to minutes and managed higher transaction volumes without delays for their initial onboarded dealers.
The numbers tell a compelling story, but perhaps more impressive is how LBX Capital achieved this growth without expanding its team. The Aurora platform’s automation handled the increased volume seamlessly, proving that sometimes the best way to grow isn’t just working harder – it’s working smarter.
“Implementing Aurora saved us time and allowed us to manage more business in a short timeframe without delays for our dealers,” noted Logan. “With this level of automation, we’ve strengthened dealer confidence and laid the groundwork for long-term, sustainable growth.”
Building on this success, LBX Capital plans to expand its dealer network throughout 2025 while developing a dedicated dealer portal that will enhance security and make it even easier to track applications.
The results at LBX Capital demonstrate a simple truth in equipment finance: automating core processes doesn’t just save time—it creates the foundation for exponential growth and an improved dealer experience.
About LBX Company
LBX Company LLC offers a complete line of Link-Belt hydraulic excavators—including standard, long front & minimum swing configurations—from 8 to 80 metric tons. Our product portfolio also includes scrap and material handlers and purpose-built forestry machines, all backed by a robust dealer network spanning North and Latin America. LBX’s subsidiary company, LBX do Brasil, distributes these products in Latin America.
LBX Capital provides tailored financing solutions, empowering customers and dealers with flexible, competitive options to acquire and invest in Link-Belt equipment confidently.
LBX Company is a wholly-owned subsidiary of Sumitomo Construction Machinery, a global leader in construction equipment innovation and high-quality manufacturing, headquartered in Chiba, Japan. For more information, visit lbxco.com or contact Lisa Bemis, Marketing Communications Manager, at lbemis@lbxco.com.
