Cost Advantage

Less than one-third the industry cost

QuickFi's digital, embedded finance platform costs $799 per booked transaction, with no additional costs for credit declines or any pre-booking services. This is less than one-third of the industry average.

Per-Transaction Cost Comparison

Based on the 2025 ELFA Survey of Equipment Finance Activity

Industry Average (Small Ticket)$2,407
QuickFi$799

$1,608 savings per transaction

67% lower cost than industry average

No spread. No commission. No additional costs for credit declines or pre-booking services.

How It Works

Four drivers of cost reduction

Reduce Employee Costs

Dramatically reduce salaries and commissions across credit, collections, operations, customer service, IT, compliance, and regulatory services. The platform automates what previously required large teams.

New Digital Delivery Model

Establish a digital delivery model embedded into equipment sales channels with a frictionless, highly differentiated transaction processing capability that replaces manual workflows.

Built-In Compliance

Reduce ongoing compliance costs and manage frequently changing state and CFPB disclosure requirements with built-in BSA/AML, fraud prevention, verification, disclosure, and security capabilities.

Maximize Customer Lifetime Value

Remove friction on repeat transactions and shield top customers from competitors by enabling instant repeat business capability, dramatically increasing total customer lifetime value (CLV).

Methodology

Data Sources & Assumptions

Industry Average Calculation

The $2,407 average industry cost per small ticket transaction is calculated from the 2025 ELFA Survey of Industry Activity Report (SEFA) and the 2025 ELFA Small Ticket SEFA Report.

Derivation

The cost is derived by dividing Net Sales Expenses (Figure 17f, Cumulative Income Statement by Market Segment, page 97 of the SEFA report) by the Number of Applications Booked, Funded or Sold (Figure 13a, Applications Processed by Type of Organization for Small Ticket, page 44 of the Small Ticket SEFA Report).

$1,738,844,000 ÷ 722,249 = $2,407.54 per transaction

Reports Referenced

  • ELFA 2025 Survey of Equipment Finance Activity Report
  • ELFA 2025 Small Ticket SEFA Report

Ready to cut your per-transaction cost by 67%?

Schedule a demo to see how QuickFi can transform your lending economics.