Finova Financial

Finova Financial is a socially responsible lender, aiming to empower financially underserved Americans by offering fast and affordable car equity loans. The company's Car Equity Line of Credit (C-LOC) is 70% more cost-effective than the national average and provides immediate access to capital, addressing the needs of the 70 million underserved Americans who collectively spend $138 billion on fees and interest annually. Founded in 2016, the company has received a Venture Round investment on 20th April 2018 from Ausum Ventures. Finova's approach not only offers immediate credit solutions but also focuses on providing ongoing financial education, aiming to improve the economic health of its clients. The company's commitment to building relationships rather than transactions has resulted in positive feedback from clients, making it a promising player in the Financial Services, Fintech, Insurance, Lending, and Investments industries. With a strong focus on leveraging technology to meet the needs of underserved Americans, Finova is poised for further growth and potential impact in the financial services sector.