Ferrum is a new financing marketplace for all types of equipment financing. Ferrum has transformed the traditional equipment financing transaction by using a dynamic digital environment that is powered by blockchain technology. Ferrum provides a seamless, efficient, and completely accurate forum for lenders and borrowers to meet and transact. All aspects of the negotiation and finalization of an equipment finance transaction, including securing insurance requirements, are facilitated and documented within the platform. Ferrum is an easy-to-use and leading-edge solution that provides significant benefits to all parties who participate in a transaction.