Financial Network Inc. and Tidewater Finance Company Launch New Loan Origination Software Platform
Loan origination software company, Financial Network, Inc. (FNI), has announced the launch of a new loan origination software platform with long time partner, Tidewater Finance Company (TFC). FNI and TFC have worked together as partners for more than seventeen years. The relationship began with FNI handling scorecards within their decision engine while TFC utilized a custom loan origination software platform (LOS). Their relationship grew significantly over the years, as both FNI and TFC grew their businesses.
After TFC’s LOS platform was no longer supported, FNI was given the opportunity to rebuild the LOS platform. TFC’s unique business model in both retail and automotive business made FNI the perfect fit to rebuild a semi-custom platform. The companies collaborated extensively to ensure each component gave TFC all the tools they need to do their jobs with the functionality, efficiency, and timeliness that are necessary to keep them competitive in their industry.
TIDEWATER FINANCE COMPANY is celebrating 25 years of operating in the finance industry, providing indirect retail financing for companies through Tidewater Credit Services, as well as subprime automobile lending through Tidewater Motor Credit. Tidewater Motor Credit specializes in financing customers who have undergone Chapter 7 bankruptcy. Currently Tidewater services over 900 companies in more than 30 states.
About Financial Network Inc.: Through over 30 years of providing custom credit lending solutions, Financial Network, Inc. stands as the market expert in robust credit lending platforms and loan origination systems. Based on extensive experience creating truly custom products, Financial Network Inc. has assembled FNI Turnkey and FNI Turnkey Plus solutions that are the culmination of the best lending practices. FNI has custom solutions in place with 3 of the 5 largest U.S. banks and lending institutions.