Nodifi has announced the addition of novated leasing to its platform, further expanding the fintech’s asset finance product suite. The new offering is now available to its broker and dealer network.

The announcement comes ahead of the highly anticipated launch of ‘Nodifi V2’, an internal reference to Nodifi’s revamped loan origination platform.

Nodifi Chief Operating Officer, Tim Wells, says the addition of novated leases is a glimpse of what’s to come for the business, as Nodifi looks to strengthen its claim as the asset finance partner of choice for brokers, dealers and mortgage aggregators.

“Novated leases adds another string to our partner’s bow and should decrease the amount of deals lost to competing novated lease products – something which has been evident over the years.”

“It also sets a new standard within the industry, as we look to push the boundaries of what’s possible in this space. Innovation has always been at the forefront of our business and 2021 will be testament to this – we’re excited for what’s to come.”

The novated lease model will work on a tick ‘n’ flick (referral), type basis, with Nodifi offering a full service offering, including end to end administration of a fully maintained novated lease. The new product offering will be available to all current and future Nodifi partners for both employers and employees.

Novated leasing is the first of many upcoming releases for Nodifi, following recent teasers surrounding a redeveloped Nodifi platform, marketing solutions, and a brand refresh.

Tim Wells comments: “We’re heading into the second year of our three year business plan, so it’s great to see goals coming to fruition. Personally, I’m not a fan of using the term ‘disruptors’ to describe what we’re working on, but that’s what many will view our releases as. Our goal is simple – simplify asset finance for brokers and dealers.”

Existing Nodifi partners will find the new platform feature under the ‘loan type’ field in the Tick ‘n’ Flick section.

Partners wanting to know more about novated leases are encouraged to reach out to their relationship manager. Alternatively, queries can be submitted via the following: Submit Query

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