What does “best practices” mean for an equipment finance lender? Northteq's newest white paper makes the case that it's less about theory and more about what 150+ lenders have already learned the hard way, and I thought it might be an interesting read for your audience. 

In the white paper, Northteq walks through why building a credit scorecard is the easy part, but knowing which scorecard weights hold up across real deal volume takes years of pattern recognition.  The white paper also looks at why underwriter ramp time can run 6-12 months without a systematized process, and how a mistyped field can stall a deal right before funding. There's also data on origination timelines and esignature adoption in there, plus input from Sage Creek Capital and ElmBlue Equipment Finance. 

Readers may download the white paper HERE.