Aldermore has launched a digital process for brokers to amend proposals through its asset backer broker portal.
The new system allows brokers to make one-click changes to applications after sanction, sending them straight to Aldermore’s automated decision system for a re-approval in less than 10 seconds.
Previously, brokers had to rely on a manual process involving emails, which could take up to half a day and led to delays and uncertainty.
Lee Rhodes, commercial director for asset finance at Aldermore, said: “We know that circumstances often change post-decision and with nearly a fifth of proposals requiring amendment to sanction, it’s essential that we give brokers the tools to respond quickly and confidently.
“Our new digital proposal feature replaces a manual, time-consuming process – enabling one click changes and re-approval decisions to be made in just a few seconds.
“This makes the journey much simpler and allows brokers to move at the speed their clients need.”
