Bluestone and Novuna Business Finance have joined forces in a strategic digital collaboration.
This alliance, initiated in September 2024, aims to revolutionise services for UK businesses seeking commercial finance.
Bluestone and Novuna Business Finance have embarked on a strategic digital endeavour to enhance services for UK businesses seeking commercial finance. Officially launched on 25th September 2024, this collaboration integrates Novuna’s API into Bluestone’s comprehensive finance platform, the Bluestone Portal, facilitating a seamless application process that directly connects with Novuna’s system. This integration marks a groundbreaking move in cross-industry collaboration, offering accelerated service delivery.
The design of the Bluestone Portal focuses on an exceptional user experience, enabling business customers to submit funding applications effortlessly. The streamlined process ensures that applications, whether for the businesses themselves or their clientele, are transferred without complications, leading to prompt decisions. By incorporating automated data flows and efficient links, the platform is revolutionising how finance applications are processed in the industry.
The end-to-end application process allows customers to upload necessary documentation within the portal. This functionality provides a comprehensive funding experience, reducing the time traditionally required for such processes and promoting efficiency in service provision across the sector.
Mark Hargreaves, Finance Director at Bluestone, underscores the significance of this collaboration as a catalyst for future innovations. He states, “We believe this collaboration paves the way for future innovation as an example of how brokers and funders can work together to improve the customer experience. As we continue to develop the platform, we will continue to invite more funders to offer their services via a direct API with the Bluestone Portal to drive industry progress in the digital age.”
Novuna Business Finance serves SMEs and large corporations in the UK with various finance solutions, including asset finance, stocking, and sustainable project finance. Operating as a trading style under Mitsubishi HC Capital UK PLC, Novuna is part of a globally recognised group with substantial financial assets.
The partnership aims to pioneer new pathways in digital finance, setting a benchmark for future collaborations. As the digital landscape evolves, both companies are strategically positioned to lead advancements in integrated financial solutions, setting a standard for others to follow.
The collaboration between Bluestone and Novuna Business Finance signifies a new digital era for business finance solutions, enhancing customer experience and industry efficiency. As the partnership unfolds, it promises to cultivate further innovations and set new standards in the financial services domain.
The Bluestone and Novuna partnership ushers in a promising digital era for business finance.
Together, they are set to reshape the financial landscape with innovative solutions and enhanced client services.