LendInvest uses Salesforce for bridging originations

Published on

LendInvest has unveiled a cloud-based application for customers seeking short-term lending products.

The new application provides an end to end digital experience for LendInvest’s bridging product to streamline and automate the loan origination process.

The user interface and capabilities that Salesforce offers provides a centralised hub for customer information, a log for all interactions with LendInvest and automates workflow for the sales team, case managers and underwriters.

LendInvest says that the cloud-based application has led to an increase in packaging quality, and speed to offer for short-term lending cases.

Arman Tahmassebi, chief operating officer at LendInvest, said: “It’s been an undeniably hectic couple of months for the team who have been dealing with pent up demand in the market following the first national lockdown, amplified significantly by the Stamp Duty holiday.

“Our technological infrastructure is what sets us up well to deal with flares in borrower appetite such as this, and this latest expansion of our partnership with Salesforce is an important step in further streamlining our processes. The new application not only saves our users time by telling them exactly what’s needed at every stage of the process, but equates to faster onboarding times for new employees and greater transparency on customer communication.”

Alan Donnelly, head of financial services at Salesforce, added: “Today more than ever, business transformation around the customer is a strategic priority in every industry, including financial services. We’re proud to be LendInvest’s trusted partner in digital transformation as they deliver seamless, convenient and engaging experiences for their customers.”

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

Rightmove warns property tax reforms could stall housing market

Rightmove has warned the government that proposed changes to property taxation risk distorting the...

Bradford retains crown as UK’s leading property hotspot

Bradford has once again been named the country’s most in-demand housing market, topping OnTheMarket’s...

Keystone reduces expat buy-to-let rates and adds new product

Keystone Property Finance has reduced rates across its expat buy-to-let range, cutting selected fixed...

Gatehouse cuts buy-to-let rental rates and eases paperwork

Gatehouse Bank has cut rental rates by 0.25% across its buy-to-let purchase plans for...

The Exeter: most consumers value advice when purchasing insurance

Almost two-thirds of consumers prefer to purchase insurance following professional advice, according to new...

Latest publication

Latest opinions

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years...

Leasehold fees, specialists and the need to shop around

Leasehold properties account for around 20% of all dwellings in the UK, and while...

Other news

Rightmove warns property tax reforms could stall housing market

Rightmove has warned the government that proposed changes to property taxation risk distorting the...

Bradford retains crown as UK’s leading property hotspot

Bradford has once again been named the country’s most in-demand housing market, topping OnTheMarket’s...

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...