Process Generator Financing
Streamline generator financing applications from initial quote to approval. Automatically process credit checks, validate customer information, and route applications to lenders while keeping customers updated throughout the approval process.
When
Financing Request Submitted
Then
Application Processed and Routed
6 hours per application
Time Saved
35% higher close rate
ROI Impact
Generator financing application automation streamlines the entire loan approval process by automatically validating customer information, performing credit checks, routing applications to appropriate lenders, and tracking approval status in real-time, reducing processing time from days to minutes.
How This Automation Works
Financing Request Submitted → Application Processed and Routed
Capture Financing Request
System automatically captures financing application data when customer submits request through quote system, website form, or sales representative. Extracts customer information, equipment details, requested loan amount, and preferred terms.
Validate Application Data
Automatically checks application completeness, validates required fields, verifies business information format, and identifies any missing documentation. Sends automated request to customer for any missing information before proceeding.
Perform Credit Assessment
Integrates with credit bureau APIs to pull business and personal credit reports, calculates credit score, assesses risk profile, and determines initial approval likelihood based on predefined criteria and historical approval patterns.
Match to Appropriate Lenders
Analyzes equipment value, credit profile, loan terms, and customer characteristics to identify best-fit lenders from your network. Ranks lenders by approval probability, interest rate competitiveness, and processing speed for optimal routing.
Submit to Lender Systems
Automatically formats application data to match each lender's requirements, uploads supporting documents, submits through lender APIs or portals, and creates tracking records with submission timestamps and reference numbers.
Track and Update Status
Monitors lender responses in real-time, updates application status across all systems, sends automated notifications to customer and sales team at each milestone, and triggers appropriate next actions based on approval, decline, or request for additional information.
Process Approval Decision
When approved, automatically generates financing documents, sends approval notification with terms to customer, updates CRM with financing details, triggers equipment ordering process, and schedules follow-up activities for contract signing and equipment delivery.
How It Works
Generator financing can make or break a sale, but manual application processing creates delays that cost deals. This integration automatically captures financing requests from your quote system, validates customer information, performs initial credit assessments, and routes applications to appropriate lenders based on equipment value and customer profile. The system tracks application status in real-time, sends automated updates to customers and sales teams, and triggers next steps based on approval decisions. By eliminating manual data entry and routing delays, you can process financing applications in minutes instead of days, improving close rates and customer satisfaction while reducing administrative overhead.
The Trigger
Activates when a customer submits a financing application for generator equipment through your quote system, website form, or sales portal. Captures all application data including customer details, equipment specifications, requested loan amount, and supporting documentation.
The Action
Automatically validates application completeness, performs initial credit screening, matches customer to appropriate lenders based on equipment value and credit profile, submits applications to lender portals, creates tracking records in CRM, and sends confirmation notifications to customer and sales representative with expected timeline.
Common Use Cases in Generator
- Industrial generator dealers processing 50+ financing applications monthly for standby power systems ranging from $15K to $500K, automatically routing to specialized equipment lenders based on loan size and customer credit profile
- Rental equipment companies offering financing options for generator purchases, automatically converting rental inquiries to financing applications and processing through lease-to-own or direct purchase lenders
- HVAC contractors selling backup generator systems as part of comprehensive building solutions, integrating financing applications with project proposals and automatically processing split financing for equipment and installation
- Agricultural equipment dealers financing portable generators and power systems for farms, automatically processing seasonal financing applications with deferred payment options through agricultural lenders
- Construction equipment distributors processing financing for mobile generator units, automatically validating contractor license information and routing to construction equipment financing specialists
- Emergency power system integrators financing large generator installations for critical facilities, processing complex commercial loans with automatic document collection and multi-stakeholder approval tracking
Results You Can Expect
Accelerated Application Processing
Eliminate manual data entry and routing delays by automatically validating, processing, and submitting financing applications. What once took days now completes in minutes, allowing you to close deals faster and improve customer experience during the critical financing stage.
Increased Deal Closure Rate
Smart lender matching routes applications to the most appropriate financing sources based on credit profile and equipment value, maximizing approval probability. Automated follow-up on declined applications with alternative lenders recovers deals that would otherwise be lost.
Reduced Administrative Costs
Eliminate 6+ hours of manual work per application including data entry, credit checks, document preparation, and lender communication. Your team focuses on high-value sales activities while routine processing happens automatically in the background.
Enhanced Customer Experience
Real-time status updates and rapid processing create a professional, responsive experience that builds customer confidence. Automated communication keeps customers informed at every stage, reducing anxiety and improving satisfaction during the financing process.
Improved Accuracy and Compliance
Automated validation ensures complete, accurate applications every time, reducing rejections due to missing information or errors. Built-in compliance checks verify all required documentation and disclosures are included before submission to lenders.
Better Lender Relationships
Consistently formatted, complete applications submitted through proper channels strengthen lender partnerships. Faster processing and higher quality submissions often result in priority treatment and better terms from financing partners.
Frequently Asked Questions About This Automation
Automated financing processing captures application data from your quote or sales system, validates all required fields, performs initial credit screening through integrated credit bureaus, matches customers to appropriate lenders based on predefined criteria, submits applications through lender APIs or portals, and tracks status while sending real-time updates to all stakeholders.
Set Up Automated Financing Processing in Minutes
Stop doing manual work that software can handle. Fieldproxy makes it easy to set up this automation and dozens more - no coding required. Our AI builder helps you customize everything to match your exact business process.
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