Unlocking Success with the SieSmart API¶
Discover how Siemens Financial Services (SFS) customers are benefiting from a seamless integration with the SieSmart API.
Lease Group 
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Lease Group are a trusted leasing provider with over 25 years of experience in the equipment and technology market.
Challenge: Lease Group are now established finance specialists in multiple industries. Following their initial focus on smartphone leasing for B2B mobile dealers, they sought a lender that could provide instant credit decisions and approvals, rather than an estimate. The SFS API capabilities perfectly matched Lease Group’s requirements.
Solution: SFS’s expertise in technology-based assets made them an ideal financing partner for Lease Group. The integration of SFS’s platform with Lease Group’s systems via API was completed in just ten weeks. This collaboration resulted in an interface that delivers credit decisions in five seconds and enables order tracking from signing to payout.
Benefits: Lease Group’s partnership with SFS has taken their service and platform to a new level, with a near-perfect approval rate. The swift integration allowed them to rapidly meet market demand and Lease Group can take advantage of new opportunities as they arise, by providing rapid financing decisions.
“Partnering with SFS was a decision we thought through carefully. It wasn’t simply an integration with a lender for the sake of it. We wanted to work with a funder with the same mindset and vision as us, and SFS ticked every box."
Simon Fabb, Marketing Director at Lease Group
Bluestone ¶
Bluestone is an independent broker and provider of asset finance to UK organisations in both the private and public sectors.
Challenge: As a highly consultative business, Bluestone faced a challenge: losing commodity transactions in the £5,000-£50,000 range to competitors. To gain a competitive edge, they sought a revolutionary end-to-end online portal that would match customers with funders seamlessly.
Solution: As a pioneer in auto-decisioning, SFS partnered with Bluestone to integrate the SieSmart API into Bluestone’s new portal, connecting it to SFS’ automated credit quotation and decision system. The result was an ‘always-on’ facility, enabling swift and automatic decision-making for deals in the £5,000-£50,000 range.
Benefits: The API connection enables Bluestone to close more business, with high acceptance rates among customers using the portal. Auto-decisioning provides financing decisions in seconds. Bluestone’s portal aligns with their strategic growth strategy, allowing scalable expansion without a significant increase in costly human resources.
“As the largest auto acceptance player of any funder in the market, Siemens Financial Services were the ideal collaborator. They've got the greatest appetite, and their speed of service is second to none.”
Mark Hargreaves, Finance Director at Bluestone.