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Maxim Commercial Capital Goes Digital with DocuSign and eOriginal

April 29, 2015, 07:09 AM
Filed Under: Industry News

Maxim Commercial Capital announced it has brought a new level of ease and speed to the commercial trucking financing industry with an integrated Digital Transaction Management (DTM) solution from DocuSign, Inc. (DocuSign®) and eOriginal, Inc.  By going digital, Maxim Commercial Capital now delivers a better customer experience with new transaction convenience across the board for its brokers, customers, and vendors.

Maxim Commercial Capital has made the digital transformation with DocuSign and eOriginal to dramatically expedite its funding process. By utilizing DocuSign’s DTM platform and eOriginal’s eAsset® Management Services, customers of Maxim Commercial Capital can obtain truck and trailer financing anytime, anywhere, on any device – securely. The company’s new digital process provides customers with the opportunity to apply for financing in the morning and acquire a truck that night – regardless of the individual’s credit score.

In the future, Maxim Commercial Capital plans to extend its use of the integrated DTM solution from DocuSign and eOriginal to digitize its hard asset and real estate-backed division of the company.

"With the majority of our customers on the road, the old pen-and-paper loan application model just doesn’t make sense,” said Maxim Commercial Capital Chief Operating Officer Shervin Rashti. “With DocuSign and eOriginal, our customers can now sign wherever, whenever convenient. Going digital by implementing a Digital Transaction Management solution has significantly accelerated our underwriting process from days to hours, making Maxim Commercial Capital an industry-leader with one of the easiest financing solutions available. Plus, we benefit internally by having a secure and controlled way to securitize and collateralize every financial asset.”

“The digital transformation of Maxim Commercial Capital is a prime example of how Digital Transaction Management is changing the face of the equipment financing industry,” said eOriginal President and CEO Stephen Bisbee. “Going digital does not have to be a large hurdle for companies to overcome. It is meant to make the process easier for both organizations and their customers so electronic financial assets can be signed, stored, retrieved and transferred with eCertainty.”

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