Aldermore streamlines asset finance submission process

Published on

Aldermore has unveiled a new online portal for brokers named Asset Backer.

The new platform aims to simplify and improve the efficiency of transactions between small businesses and brokers.

Now available via Aldermore’s website, the Asset Backer portal enables brokers to:

  • Easily manage their portfolio in one place
  • Calculate and deliver quotes
  • Submit new business proposals
  • Generate documentation
  • Electronically sign agreement documents

The Asset Backer portal streamlines the process of submitting new proposals by sending direct to Aldermore’s credit underwriters for review.

Brokers can track the status of their proposals in real time and on-the-go by using a smartphone, tablet or desktop device.

Patrick Jelly, commercial director for asset finance at Aldermore, said: “Asset Backer is a fantastic new tool which will further enhance our customer experience offering.  Brokers will now find the process of managing their portfolio much quicker and more efficient.”

“Over the next few years, the development of our digital offering will be a key factor for the bank going forward. Offering an end to end fully paperless platform is part of this development and will help fulfil the online needs of brokers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Atom bank funds £2.7m purchase of Leicester pub conversion into student housing

Atom bank has provided a £2.7m commercial mortgage to support the purchase of a...

Keystone trims BTL rates and unveils AI-powered upgrade

Keystone Property Finance has reduced rates across its buy-to-let range, with cuts of up...

BTL lending criteria changing to tackle net zero risk

Buy-to-let lenders have begun reassessing their approach to energy-inefficient properties in anticipation of looming...

The Darlington widens criteria for key workers with variable incomes

Darlington Building Society has broadened its mortgage criteria to better support professionals with complex...

The Exeter brings life product to UnderwriteMe’s platform

The Exeter has launched its life insurance product on UnderwriteMe’s Protection Platform, allowing advisers...

Latest opinions

FCA’s mortgage rule changes: it’s time to raise the advice bar, not drop it

The FCA’s move to relax some of the rules around mortgage switching and term...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

Other news

Atom bank funds £2.7m purchase of Leicester pub conversion into student housing

Atom bank has provided a £2.7m commercial mortgage to support the purchase of a...

Keystone trims BTL rates and unveils AI-powered upgrade

Keystone Property Finance has reduced rates across its buy-to-let range, with cuts of up...

BTL lending criteria changing to tackle net zero risk

Buy-to-let lenders have begun reassessing their approach to energy-inefficient properties in anticipation of looming...