SAN FRANCISCO – APRIL 9, 2015 – Alight, a fast-growing and innovative provider of financial optimization solutions, today announced that Velocity Commercial Capital has selected its Alight Mortgage Lending financial optimization application.
“We are pleased to welcome Velocity Commercial Capital to our rapidly expanding client roster of the nation’s top mortgage lending firms,” said Michele McGovern, CEO, Alight. “Alight Mortgage Lending is the perfect fit for Velocity and will help them meet their aggressive goals to scale their business.”
“We’ve been looking for a solution to help us grow and scale our business and Alight Mortgage Lending surfaced as the clear choice to help us optimize our financial performance,” said Mark Fleischmann, CFO, Velocity Commercial Capital. “Alight Mortgage Lending will let us seamlessly unify all financial information leading to more powerful reporting and planning, including all important cash forecasting and managing credit lines.”
“Alight Mortgage Lending fits the sophisticated needs of Velocity Commercial Capital,” said Jared Huff, Managing Director, Alight Financial Services. “It’s clear that our powerful reporting, cash forecasting and ease of integration will all benefit this leading firm.”
Alight Mortgage Lending is the industry’s only solution for continuous financial optimization. Using Alight, mortgage lending firms can get up to the minute forecasts, understand cash flows, evaluate productivity, ensure targets are met, mitigate risk and turn challenges into opportunities.
Alight is a fast-growing provider of industry-specific applications that enable firms to continuously optimize their financial performance and make more money. Alight has over 300 customers, across some of the most dynamic and complex industries, including financial services, mining, telecommunications, IT and others. Alight is committed to helping customers achieve and sustain top financial performance. For more information visit alightinc.com
About Velocity Commercial Capital
Velocity Commercial Capital was formed in 2004 as a specialty finance company focused exclusively on nationwide real estate lending through our network of mortgage brokers. Our company is proud to help business owners and investors across America realize their goal of owning investment real estate. Since our founding, we have made over $500 million in portfolio loans nationwide.