Case Study: Fertizona achieves same-day credit decisions with Nuvo

Fertizona cuts credit decision time 60% with Nuvo

Fertizona, an agricultural supply company, faced a significant challenge in its credit application process. With a one-person credit department managed by Shea Nieto, the company struggled with a manual, paper-based system where 60% of applications were incomplete, requiring extensive follow-up and taking three to five days to process each one. This inefficiency hampered their ability to make swift credit decisions.

By implementing the Nuvo platform, Fertizona automated its credit application workflow. Nuvo's solution introduced required fields to ensure completeness and integrated CreditSafe business credit data with Plaid-linked banking information. This provided a consolidated view of an applicant's creditworthiness. As a result, Fertizona cut its processing time by 60%, achieving same-day decisions in some cases, and raised its application completion rate to nearly 100%, allowing the lean team to focus on analysis rather than administrative tasks.

Fertizona