Equipment funder GoGetta has joined Connective’s BOLT asset finance panel to help broker clients fund new and used vehicles and equipment.
GoGetta aims to give small businesses the ability to start or grow their businesses by funding new and fair-valued used assets, regardless of their age, mileage or hours of use.
They also provide off-balance-sheet funding to help small businesses borrow money without affecting their equipment requirements.
The company says that it can offer up to $65,000 with no director guarantees with a 12-month term and enables businesses to return the asset after the contract ends if it is no longer needed or isn’t right for the business.
Connective’s BOLT platform, which launched in May 2017, was developed by Adelaide-based company Positive Lending Solutions for Connective Asset Finance. It aims to help brokers generate more revenue by offering clients asset finance loans and to improve turnaround times and settlements.
BOLT is available on Mercury 5 and provides brokers with a paperless application and approval process as well as application status updates on a daily basis. It is also mobile and tablet-enabled to help brokers submit deals on the go.
[Related: Connective expands asset finance team]