Velocity Lending
Minimize Sales Friction
About
This app empowers sales teams to offer, price, and approve device financing directly to customers. It streamlines the sales process, improves efficiency, and enhances customer relationships by providing instant quotes and quick approvals.
What's New in Velocity Lending
2.1.0
May 7, 2026
Updated name and logo
FAQ
What is Velocity Lending used for?
Velocity Lending is a business tool designed to help sales staff offer, price, and approve device financing directly from the customer's location, aiming to minimize sales friction and boost close rates.
How fast can I get approvals with Velocity Lending?
Approvals through Velocity Lending can be as fast as 30 seconds, or may take up to 24 hours depending on the specific financing scenario.
Does Velocity Lending require a credit check?
No, Velocity Lending does not perform a hard credit check, which helps maintain the customer's buying and borrowing capacity.
Are there any penalties for paying off financing early with Velocity Lending?
Velocity Lending offers financing options with no prepayment penalties, allowing customers flexibility in managing their payments.
How does Velocity Lending impact a customer's credit report?
The lease or financing obtained through Velocity Lending does not appear on the customer's credit report, preserving their credit standing.
What devices does Velocity Lending support?
Velocity Lending is available on iPhone and iPad devices, allowing for mobile sales operations.
How often is Velocity Lending updated?
The latest version of Velocity Lending is 2.1.0, last updated on May 7, 2026, indicating active development and support.
Does Velocity Lending have ads?
No, Velocity Lending does not contain advertisements, providing an uninterrupted user experience for sales professionals.
