ENGS Commercial Finance Co. Launches Electronic Signature Documentation for Transportation Division

ENGS Commercial Finance Co. is excited to announce that it has launched a secure electronic
signature (“E-Signature”) documentation solution for its Transportation Division. This solution, which
is among the first of its type in the commercial equipment finance space, has already been
successfully implemented in ENGS’s Industrial and Construction divisions, and is now available to
our Transportation customers. Our experience has shown that our E-Signature signing experience
provides our Dealers and Customers with a faster and better way to complete the sale.
“Having the ability to sign documents electronically will add significant efficiency along with overall
security and compliance to the entire transaction process,” commented Jim Freund, Executive Vice
President of ENGS Commercial Finance. “We understand the importance of being at the forefront of
technology, and ENGS is excited to utilize this tool companywide to increase productivity and
improve the documentation experience for our Dealers and Customers,” continued Mr. Freund.
E-Signature will provide the following benefits:

  • MOBILE FUNCTIONALITY. The Customer can sign the documents anytime, anywhere,
    on the road or at home; the customer need-not come into the dealership to sign.
  • 100% ACCURACY. E-Signature verifies that all documents are completed correctly,
    which means no delays in funding due to documentation mistakes.
  • QUICKER FUNDING. E-signature transactions will shorten documentation time,
    enabling us to pay the Dealer quicker.
  • BETTER CUSTOMER EXPERIENCE. The ENGS E-Signature process will simplify the
    process for the Customer and the Dealer, greatly enhancing the Customer’s experience.

Hear what our Vendors are saying about our new E-Signature product: “The biggest benefit I have
experienced using the ENGS E-Signature process is that it shortens the time to get documents back
and shortens the time to fund my transactions. And the documents are always correct. No more
wasting time going back to the Customer to clean up mistakes. Plus, we receive instant confirmation
when the Customer receives the e-documents, and again when the transaction funds. It has made
the closing experience so much easier and quicker for all parties involved,” commented Steve
McDonald, Sales Manager at Gosiger Holdings, Inc., one of the largest Machine Tool dealers in the

For more information about ENGS Commercial Finance Co. or this press release, please contact
Jim Freund at jfreund@engsfinance.com or visit our website at www.engsfinance.com.