northteq is a Minneapolis-based software development company specializing in solutions for the lending and leasing industry. Their flagship product, Aurôra, is a loan origination system (LOS) designed to automate and streamline the process of originating leases and loans for financial institutions and lenders.
Aurôra offers an end-to-end solution that eliminates manual steps and disconnected workflows commonly found in traditional loan origination. The platform enables users to manage the entire process—from application and scoring to decisioning and documentation—in a matter of minutes. Key features include:
- Automated workflows from application to funding
- Intuitive user interface
- Auto-decisioning capabilities
- Integrated customer and partner portals
- Real-time account and customer data access
- Invoice payment from any device and self-service notifications
Aurôra’s portals allow lenders to integrate with vendors, brokers, and customers, giving them fine-grained control over what information and capabilities are shared. This helps improve efficiency, visibility, and customer service while maintaining data security.
How was northteq started?
northteq was founded by a team with deep experience in loan origination, software development, and the financial technology sector. CEO Kristian Dolan brings over 18 years of loan origination expertise and two decades in software development, having previously co-founded the Salesforce.com practice at Tamarack and led E2E Systems. Other founding team members have backgrounds in software implementation, engineering, equipment finance, SaaS sales, and project management, helping shape northteq’s focus on building effective automation for the lending industry. More information on their leadership can be found on their About page.
Who uses northteq?
northteq primarily serves financial institutions, banks, and lenders seeking to modernize and automate their lending operations. Notable customers include Windtrust, Midland, Marlin, GreatAmerica, First Commonwealth Bank, First Citizens Bank, Finpac, ENGS Commercial Finance, Arvest Bank, and Amur. These organizations use Aurôra to accelerate and simplify their loan and lease origination processes.
What makes northteq different?
northteq differentiates itself by offering a fully automated, end-to-end loan origination system that integrates seamlessly with existing LOS platforms. Their focus on intuitive user experience, flexible portals for both customers and partners, and real-time data access addresses key pain points in lending operations and helps clients move from opportunity to funded transaction rapidly.
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