Wellen Capital Case Study
How Wellen Capital Consolidated 3 Systems into 1 Unified Platform
Disconnected software tools failing to provide flexibility? Wellen Capital streamlined their MCA operations and saves 30-55 hours per year with FUNDINGO.
See FUNDINGO in Action
About Wellen Capital
Wellen Capital is a data-enabled direct funding source in the merchant and business capital advance market. Since its founding in 2012, the company has experienced robust and steady growth, establishing itself as a leader in the small business finance market. Wellen's mission is to give small businesses—retailers, restaurants, and service providers—an easy, accessible non-bank capital alternative.
The Disconnected Systems Challenge
As the business continued to scale, Wellen made investments in different software tools, but found that continuing to layer in new tools failed to provide the flexibility and control they needed from an origination and servicing platform.
The company was challenged to easily produce reporting by plugging new tools into the legacy servicing system, which led to increased time required for a number of business management functions.
Transforming Operations with FUNDINGO
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I love the flexibility that FUNDINGO gives us. Since deploying the system initially, we've had the ability to do a bunch of customization to assist with tasks such as GL reporting and cater to our way of doing accounting. The Salesforce baseline product is good, but when you have someone that understands Salesforce you can go from good to great for your situation.
— Nick Hodge, UAT Analyst & Salesforce Admin, Wellen Capital