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.”