Nivo has launched Nivo Collect, a new off-the-shelf AI service designed to make it quick and easy for commercial finance broker firms to implement AI into their businesses.
Nivo Collect removes the need for brokers to build their own AI workflows, delivering a private branded assistant that gathers, checks and chases documentation to support commercial finance applications, automating one of the most time-consuming parts of the client onboarding process.
Rather than requiring firms to build prompts, create workflows or integrate multiple AI tools, Nivo Collect is deployed as a private branded assistant that works over a brokerage's existing email process. Firms simply e-mail in a case, with the assistant then gathering, checking and chasing the evidence required before returning a fully packaged case ready for submission.
The assistant can be configured for different lending types, enabling brokers to tailor document collection and validation for asset finance, business loans and other forms of specialist commercial lending. This ensures customers are only asked for the information relevant to their application, helping firms deliver a more streamlined and efficient experience.
The assistant requests documents, checks information as it arrives, identifies missing or inconsistent evidence, follows up automatically and compiles a checked submission pack, allowing advisers and administrators to spend more time supporting clients and progressing business.
Unlike generic AI platforms, Nivo Collect has been designed specifically for regulated financial services. It operates within each firm's own secure environment, keeps customer data within the EEA, never uses client data to train AI models and maintains a complete audit trail of every AI interaction. Brokerages can be live within hours, with no implementation project, setup fee or minimum contract term, and pricing starts from £1,000 per month.
Matthew Elliott, co-founder and Chief Commercial Officer at Nivo, said, "Every broker is talking about AI, but most don't want to become AI developers. They don't want to build workflows, write prompts or stitch together different tools. They simply want AI to solve real operational problems.
"[At Nivo Collect] we've taken one of the biggest administrative burdens facing commercial finance brokers and turned it into an off-the-shelf service that firms can switch on in hours.
"Your brokerage gets its own AI assistant, working in your brand, over the email process you already use. It gathers documents, checks them, chases what's missing and hands back a packaged case that's ready for submission.”