Fintech provider Nivo has been named as the National Association of Commercial Finance Brokers’ (NACFB) official AI Partner, offering members access to a new automation platform designed to reduce the administrative burden involved in loan origination.
Nivo has supported over 100 lenders and one million borrowers, and is now offering specialist finance professionals an AI solution tailored for the sector.
Operating 24/7 over email and requiring no new technology integration, the service functions as a virtual assistant, helping brokers complete lender-specific workflows and produce fully packaged, compliant cases.
The system automates a wide range of tasks including ID&V, AML checks, credit searches, document collection, open banking access, and e-signing—while keeping staff in control and ensuring broker commission is protected.
To coincide with its NACFB partnership, Nivo has launched an exclusive pilot programme offering early access, dedicated support and the opportunity to influence the tool’s development. Since its launch on 27th May, more than 50 NACFB Members have signed up to the programme.
Matthew Elliott, CEO at Nivo, said: “We’ve always been focused on reducing admin effort through smart technology, and the latest AI developments take this to a whole new level.
“The response to our Early Adopter programme has been incredible. We were initially looking for five brands to work with and currently have over 100 sign-ups.
“This shows that many in the industry are aware of AI and are keen to better understand how it can help them.
“We’ve built something powerful, but the real test is how it performs in the wild. That’s why we’re inviting NACFB Members to help shape the future of this tech, solve real problems, and push the boundaries of what AI can do for our industry.”
