New partnership enables Inovatec users to adjudicate lease and finance applications with greater efficiency and accuracy.

Inovatec Systems Corporation, a provider of cloud-based software solutions for automotive and equipment financing institutions, has chosen CARFAX Canada VIN Scan to help power their cloud-based lending software solutions.

“We’re excited to be able to provide our partners with unmatched vehicle history information in a seamless and cost-effective way,” says Mike Foster, director, banking, insurance and government at CARFAX Canada. “This new partnership with Inovatec combines best-in-class loan origination software with key elements of a vehicle’s history, enabling users to drive better business decisions by leveraging our data more effectively than ever before.”