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

Paragon Bank secures additional £27m from Growth Guarantee Scheme

Paragon Bank has secured a further £27 million under the British Business Bank’s Growth...

National Friendly posts record income protection sales on back of strong H1 growth

Mutual insurer National Friendly has posted a sharp rise in new business and income...

Black & White Bridging hire to strengthen northern reach

Black & White Bridging has appointed Rick Davey as relationship manager as the lender...

Experian partners with Sikoia to automate income and employment verification

Experian has joined forces with verification platform Sikoia in a bid to circumvent the...

TRM launches Platinum Club and Business Risk Forum

The Right Mortgage & Protection Network (TRM) has launched two new initiatives aimed at...

Latest publication

Latest opinions

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Other news

Paragon Bank secures additional £27m from Growth Guarantee Scheme

Paragon Bank has secured a further £27 million under the British Business Bank’s Growth...

TMG Mortgage Network partners with Wealthy Adviser Club

TMG Mortgage Network has formed a new partnership with The Wealthy Adviser Club, giving...

National Friendly posts record income protection sales on back of strong H1 growth

Mutual insurer National Friendly has posted a sharp rise in new business and income...