Equipment Finance Insights
First Western Equipment Finance adds DocuSign eSignature
August 5th, 2016
First Western Equipment Finance (a Division of First Western Bank & Trust) Standardizes on DocuSign to Offer Customers the Speed, Convenience and Security of Digital Transaction Management
EDEN PRAIRIE, Minn. – First Western Equipment Finance announced today it has standardized on DocuSign, Inc. (DocuSign®) for eSignature and Digital Transaction Management to offer its customers an easier, faster, more convenient and secure way to secure equipment financing – 100% digitally.
“An essential part of the value we bring to customers is handling transactions with accuracy, speed and convenience. As the global standard for eSignature and Digital Transaction Management, DocuSign helps us deliver a great customer experience that’s fully digital,” said Fred Kuhnen, general manager of First Western Equipment Finance. “In addition to a vastly improved customer experience over manual paper processes, DocuSign ensures our employees have complete visibility into the exact status of a document package, so we can spend more time serving more customers – rather than chasing paperwork.”
DocuSign helps First Western Equipment Finance deliver industry-leading electronic documentation to:
• Close more deals faster: DocuSign offers advanced features, such as automatic reminders to encourage customers to complete requested documentation – a critical function for equipment finance lenders who operate in a highly time-sensitive industry.
• Enhanced security: Industry-leading encryption practices provide a secure method for equipment finance customers to submit confidential information.
• Improve compliance: Every DocuSign document comes complete with a legally-enforceable audit trail that shows who signed what, when and where.
• Increase customer satisfaction: Customers are able to DocuSign paperwork from their mobile device whenever, wherever convienient.
“Electronic documents are becoming an expectation across the banking industry. DocuSign saves time and eliminates unnecessary busy-work, such as hand-signing, scanning and faxing paper documents. Customers can now conduct business on-the-move, quickly and easily with First Western Equipment Finance and DocuSign,” said Conrad Magalis, Advance Acceptance marketing manager.
“DocuSign is pleased to have First Western Equipment Finance join the DocuSign Global Trust Network,” said Neil Hudspith, president of Worldwide Field Operations at DocuSign. “Through its standardization on DocuSign for eSignature and Digital Transaction Management, First Western Equipment Finance is leading the equipment financing industry into the digital age.”
Founded in 1972, as an in-house finance division of Advance Machine Co., First Western Equipment Finance provides national equipment finance services for leading brands across the United States. First Western Equipment Finance was acquired by First Western Bank & Trust, of Minot, North Dakota in 2002. For more information about First Western Equipment Finance, please visit: AdvanceAcceptance.com
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