The AI back office for equipment finance.
Fordra handles calls, emails, and paperwork.
We help you automate collections, insurance, & titling ops.
What Fordra does
Collections
- Answers inbound borrower calls
- Follows up on past-due accounts
- Answers balance and payment questions
- 9:00 AMAccount 15 days past due in Salesforce
- 9:02 AMCalled and emailed the borrower
- 8:04 PMBorrower called back, in Spanish
- 8:07 PMPayment taken over the phone
- 8:07 PMLogged back to Salesforce
Insurance
- Checks COIs against your requirements
- Updates policy details like addresses
- Monitors for lapses
- 2:13 PMNew deal sent from Salesforce
- 2:13 PMRead the COI and your requirements
- 2:14 PMCalled Progressive
- 2:17 PM$1M auto liability confirmed
- 2:18 PMReport back in Salesforce
Titling
- Chases DMVs and title offices
- Collects info from borrowers
- Tracks and helps navigate local procedures
- Day 1Borrower is moving a truck from California to Texas
- Day 1Borrower signed the Texas title application
- Day 2Called the county tax office to confirm what they need
- Day 3Filed the application with you listed as lienholder
- Week 3Texas title issued with your lien
Customer story
A $100M equipment lender in Los Angeles
Thank you for calling Progressive. Your call may be recorded or monitored. You can speak to me in complete sentences. Si quiere hablar en español, solo diga español. How can I help you?
Check a certificate of insurance.
Thank you. When is the policy's effective date and expiry date?
December first of twenty twenty five. Expiration date is December first of twenty twenty six.
Does the policy list Non-Trucking or Bobtail Liability at a one million dollar limit?
Correct.
How much is the physical damage deductible?
One thousand dollars. Deductible.
Fordra has been the easiest Salesforce integration we've ever done. The team is incredibly responsive.
We used to have a dozen back-and-forths with insurers that would delay funding by a day. Now, it's a 30-minute turnaround.
FAQ
What can the AI do?
It can call, email, follow up, and reconcile documents. You bring judgment, our AI does the repetitive execution.
How much does it cost?
We typically charge a few dollars per completed outcome (examples: a payment collected, a document checked). If the AI messes up or you realize you don't need it, you don't pay.
What new tech do I need for this?
None. We can integrate your Salesforce or build you a bot to correspond with over email. No need to learn a new system.
What happens to my data?
It stays with your team. Fordra's human reviewers step in on rare occasions when things go wrong and are bound by confidentiality agreements. We don't collect data or touch credit decisions. We only speed up your execution.
Let us handle the back office.
Fordra will save you hundreds of hours monthly, guaranteed.