How asset and auto finance lenders, and OEM captives, can compete and win with speed, flexibility, and modern technology.
If you’re an asset or auto finance lender, you know that securing new business heavily relies on your ‘time to yes’, not necessarily having the best rates. Brokers are sending applications to lenders issuing a conditional approval in minutes, not hours. OEM captive finance arms are embedding approval flows directly into dealer management systems and converting customers at point-of-sale.
Speed is only part of the challenge. Asset finance is operationally complex. A single lender often runs consumer vehicle loans, commercial chattel mortgages, equipment leases, and novated leases simultaneously, each with different regulatory treatment, documentation requirements, and asset depreciation logic. Legacy origination and servicing platforms were not built to manage multiple product types, which adds to the complexity of operations.
What Nimo delivers for asset and auto finance lenders
Nimo is a purpose-built SaaS solution that covers the full asset finance lifecycle: from the moment a broker or dealer submits an application through to settlement, ongoing loan servicing, and to remarketing and trade-in. The platform supports multiple products, which means lenders can manage a range of products and grow and diversify across product lines without re-platforming. Accessible across multiple portals (OEM/lender, dealer, broker, and customer), every portal is a different entry point into the same underlying system. No duplication. No reconciliation. One source of truth.
Origination and assessment
Nimo’s origination engine supports configurable credit and settlement workflows, including auto decisioning and policy rule configuration. Open banking integrations, credit bureau connections, and digital ID verification are pre-built. Glass Guide vehicle pricing, PPSR checks, Luxury Car Tax (LCT) and GST handling are all built into the platform. A dealer can search their inventory, find a vehicle, and initiate a finance application in the same system.
Loan servicing and portfolio management
Post-settlement, customers can access a mobile banking app for loan repayments, maintenance scheduling, even warranty tracking, fuel management, request to sell and booking a service where connectivity is provided. Delinquency workflows, hardship processes, and end-of-loan management are all configurable. Portfolio funding and reporting are built in.
Dealer wholesale and bailment
For OEMs managing dealer wholesale facilities, Nimo’s new dealer capabilities tracks the full asset flow: vehicle allocation, stock transfers between dealer locations and OEM, asset acquisition and disposal, and transaction history at the dealer level. It handles the complexity of multi-location dealer networks without custom builds.
For OEMs: a full captive finance ecosystem
At Nimo, we recognise that OEM captive finance arms have different needs from independent lenders. They need to manage the full relationship between the brand or multiple brands, the dealer network, and the end customer, across retail loans, leases, guaranteed future value (GFV) products, and wholesale financing.
Nimo is built for that. The platform covers product configuration, campaign setup, pricing, dealer hierarchy management, and commission structures. GFV aligned to internal modelling is supported natively. The customer lifecycle runs from the first vehicle search through finance application, settlement, in-life servicing, and back to trade-in and remarketing.
A proven solution for asset finance
Nimo is a proven platform, with integrations already connected and functionality tested across the asset finance lifecycle.
If you are an auto or equipment finance lender, or running an OEM captive, get in touch to find out how Nimo can help you deliver fast responses and minimal friction for the end customer, with less operational complexity.