How it Works
Inventory financing, simplified
The lending-as-a-service platform to handle every step of dealer financing
A platform that’s scalable right out of the box.
Streamlined underwriting
Reviewing and approving applications is centralized in a task-oriented dashboard that eases the burden on credit teams
- Pipeline portal to review queued applications
- Document manager to capture and ensure all paperwork
Total funding control
By using our automated funding system, users can manage their capital outflow and scale their lending program without adding headcount
- Automated decisioning based on client parameters
- Individual portfolio tracking and risk monitoring
End-to-end loan servicing
Vero combines its platform and servicing team to allow financial institutions to manage inventory loans in one system
- Full-auditing system to mitigate risk
- Total title management system to streamline collateralization
- Dealer systems that handles engagement with borrowers
Robust inventory lending reporting
The platform provides all necessary reporting inside the system and also feeds files to users’ systems without needing to full integrate
- Complete view of borrower and inventory metrics
- Daily reporting files that are delivered to user's system
How we do it
Technology & services
Robust technology and a team of commercial lending experts enable financial institutions to offer financing while Vero does the heavy lifting
Underwriting
Our team of commercial lending specialists will work with you to customize an application with automated underwriting processes
Servicing
Automation is critical. Sophisticated, yet simple, workflow management tools support collections, audits, title management, and customer support
Portfolio Management
Get analytics on your portfolio, each borrower, or every asset so you can manage risk without the guesswork
Borrower Experience
Vero gives SMB business owners the tools to manage their treasury and portfolio functions effectively
Who we partner with
Trusted by credit teams across:
Banks
Community banks have strong relationships with dealers. By offering inventory financing, banks can grow their business and capture larger wallet share with dealer clients
Credit Unions
Indirect consumer financing is a strength of credit unions. By using Vero's platform, credit teams can earn more indirect lending business by offering inventory loans
Specialty Financing
For organizations already offering inventory loans, Vero's platform can centralize the processes and offer a streamlined system for their commercial credit team
Testimonials
What Our Clients Say About Us
Jonathan Scott
Senior WordPress Developer
I found their service very impressive because they met all the requirements I asked for. Great team. Great service. Loved it. I will surely recommend them for their service and behaviour.
Jonathan Scott
Senior WordPress Developer
I found their service very impressive because they met all the requirements I asked for. Great team. Great service. Loved it. I will surely recommend them for their service and behaviour.
Jonathan Scott
Senior WordPress Developer
I found their service very impressive because they met all the requirements I asked for. Great team. Great service. Loved it. I will surely recommend them for their service and behaviour.
Jonathan Scott
Senior WordPress Developer
I found their service very impressive because they met all the requirements I asked for. Great team. Great service. Loved it. I will surely recommend them for their service and behaviour.
Inventory Financing Insights
Explore insights into the commercial credit and SMB financing industry & technology supporting these industries.
Ready to streamline your inventory financing?
Reach out to our account team about our platform and how we work with financial institutions
