Kapitus Equipment Finance (KEF) has chosen Northteq's aurora Loan Origination System (LOS) as its new technology backbone. With rapidly evolving infrastructure needs, it was imperative for KEF to stand up a complete origination platform 
quickly to accommodate increasing capacity along with future growth. Within the first quarter of 2025, the company modernized its lending experience using aurora to automate application intake, streamline credit decisions, and create an updated submission experience for vendors.

KEF partnered with Northteq to further build out its lending process around five core needs: efficiency, accurate data capture, a seamless customer experience, document automation and a custom-built credit scorecard. Aurora was selected for its flexibility and speed to deploy, enabling KEF to go live with a solution tailored to its risk policies and operational model.

"We wanted a platform that could do more than process loans. We needed something that captured the right data, automated our credit policy, and scaled with us," said Dan Thompson, Risk Leader, Kapitus Equipment Finance. "Aurora gave us all that and transformed how our vendors submit applications."

The system now powers KEF’s end-to-end origination workflow, including a dedicated partner portal, scorecard-based credit reviews, and automated documentation requirements. The system automates intake, decisioning, and document preparation with built-in controls for merchant verification and bank statement review, allowing the team to deliver faster decisions 
while maintaining full oversight of risk and audit requirements.

"Our scorecard logic is working exactly as intended," added Thompson. "Every deal flows through the same rules, which gives us confidence in our process and makes audits easier."

With aurora as its backbone, KEF plans to grow its vendor channels, prioritizing automation, compliance, and partner usability as they scale.

"What KEF has built is just the beginning. With aurora as their foundation, they're set up to scale efficiently into new channels, support their vendor network, and stay fully aligned with their credit and compliance goals," said Kristian Dolan, CEO and founder of Northteq.