Inovatec joins the Canadian Lenders Association
Major Loan Origination and Management Systems Provider to Work With CLA’s Credit Leaders
BURNABY, BC / ACCESSWIRE / August 5, 2021 / Inovatec Systems Corp., a provider of cloud-based loan origination, management and service solutions, has announced its membership in the Canadian Lenders Association (CLA). The CLA is made up of more than 170 companies representing Canadian lenders in categories such as automotive, consumer, housing and mortgages.
Many of Inovatec’s current clients are existing CLA members, which will give these lenders additional insight into Inovatec’s vision and strategy to streamline lending processes. The CLA is also managing a roundtable of auto loan executives, which will give Inovatec the opportunity to directly collaborate on ideas and innovations that will benefit this industry. Inovatec’s Integrated Portal, LOS (Loan Origination System) and LMS (Loan Management System) enable businesses to automate the loan process, while creating a differentiated user experience tailored to the individual business model of the lender.
“Inovatec is always interested in engaging with the market and developing new solutions that will have a tangible and lasting impact on our customers,” said Vladimir Kovacevic, CEO and founder of Inovatec. “We are excited to join CLA and help lenders improve their bottom line and maximize efficiency through next generation solutions. “
The Lenders Association of Canada advocates for the adoption of innovative technologies and business models designed to shape the future of lending in Canada. The association works with a range of financial service providers across the country, and with provincial and federal governments, to develop standards that benefit both the consumer and the economy.
“We welcome Inovatec to our organization as a respected member of the Canadian lending community. Their solutions are adopted by many members of the automotive industry, and we expect other lenders to find their strategies and solutions equally beneficial, ”said Tal Schwartz. , Senior Advisor at CLA. “We look forward to working with Inovatec so that we can collectively elevate best practices within the industry and meet the needs of our members.”
Inovatec Systems Corporation is committed to providing modern end-to-end solutions and improving lender results in Canada and the United States. As a leading provider of cloud-based lending solutions, Inovatec’s suite provides businesses with a flexible and intuitive platform. Inovatec’s success-based pricing disrupts standard practice by allowing lenders to pay only for transactions they book – an industry first.
About the Canadian Lenders Association (CLA)
The Lenders Association of Canada supports the growth of businesses that lend or otherwise provide credit to small businesses and individuals through unconventional or innovative means to exchange ideas and explore ways to improve the sector; encourage principled and professional practices by innovative lenders; educate the general public on innovative loans; encourage potential borrowers to be informed about the suitability of innovative loans to borrowers’ situation; and defend and represent the interests of innovative lenders.
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THE SOURCE: Inovatec Systems Corp.
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