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Finova Financial is transforming the FinTech industry as a socially responsible online lender, providing fast, affordable loans using your car as security. Founded in 2015 by a team of financial services, technology and payment experts, Finova helps the 70 million financially underserved Americans that spend $138 billion in fees and interest annually on alternative financial products.
Finova’s CLOC costs up to 50% less than the current national average, provides quick access to capital, and a 12-month payback plan where available.
Finova clients benefit from the ability to complete the loan process online, quick approval decisions and same day cash funding. The Finova client portal provides personalized access to our financial dashboard allowing real time management of your loan. Payments can be made from the convenience of computers, mobile devices and at 32,000 US retail locations.
The CLOC loan offering is the first of a full menu of digital financial services products that Finova Financial plans to offer to the millions of consumers outside the formal financial system who are seeking financial solutions that fit their needs and lifestyle. Finova is building the digital lending platform of the future for the 28% of Americans who are outside of the traditional banking system.
Global Fintech Innovators Emerging Star
Lending Innovation Firm of the Year
Gamechanger of the Year Financial Lending