Ferrum is the marketplace for all types of equipment financing, powered by blockchain technology. From inception, to completion of a transaction and delivery of the equipment — every step in the process, each exchange of information, and every interaction between the different parties is all captured in one central place, with technology streamlining and automation of the process.
Ferrum reduces transaction completion times from weeks to days. For the first time in history, borrowers are able to digitally connect and negotiate with lenders, vendors, and insurance providers all, seamlessly in one secure ecosystem.
Because Ferrum uses a private blockchain, information can be securely stored and easily accessed by members of the network. This provides a chain of transactional ownership in a final immutable ledger.
The network effect allows all participants to help their own businesses, as well as the Ferrum ecosystem, to grow by encouraging other businesses to join. Artificial Intelligence is used to perfectly match lenders and borrowers within the network, leading to increased business opportunities.
Borrowers of all sizes are able to digitally connect and negotiate with lenders, vendors, and insurance providers seamlessly in one secure ecosystem. The Ferrum network allows borrowers to choose who is able to bid on their business, putting the power in their hands to find the right partners to meet their unique business needs.
Lenders are able to easily navigate the back and forth between borrowers, vendors, and insurance providers a digital environment, freeing up time to conduct more deals. The Ferrum network gives lenders access to secure data related to their transactions and partners, all while providing the opportunity to bid on new deals outside of their existing partnerships.
Ferrum's vendors are empowered to connect with new clients, thereby realize new sales opportunities, through our network, and optimize their existing processes to expedite delivery acceptance and payment confirmations.
Insurers are able to manage clients and new opportunities, increase policy volumes, and access key information in real-time, all while mitigating risk.
With a senior management team with vast experience in the industry, our team is uniquely positioned to see opportunities and construct solutions for the commercial lending industry. We are passionate about innovation and driven to bring the industry into the digital economy.