PROVIDENCE, R.I. - Textron Financial Corp., the commercial finance subsidiary of the parts manufacturer Textron Inc., has licensed software from Capital Stream Inc. to make its services available on the Internet.
The product manages accounts and facilitates credit screening so Textron customers can receive equipment financing online. Textron will be able to apply its own branding to the credit origination process, monitor the status of applications, and review approval-rate summaries.
Textron Inc., which has $11.6 billion of assets, also makes aircraft, automotive, and industrial parts.
Capital Stream, of Seattle, provides Internet applications to brokers, vendors, manufacturers, and business-to-business portals.