Camco Finance has formed a new partnership with LendingMetrics, giving the firm access to LendingMetrics’ latest auto decisioning technology.
The finance specialist for the motorhome, caravan and campervan sector will be using LendingMetrics’ ADP to assess and onboard customers.
Its selection of the platform was based on LendingMetrics’ ability to deliver an automated solution swiftly and cost effectively.
The platform is capable of delivering decisions to prospective borrowers at high speed and typically within milliseconds.
Applications are processed via decisioning logic, which can vary based on applicants’ financial requirements or choice of products.
Building new rules and making rule changes can be accomplished without any prior coding or IT knowledge.
David Wylie (pictured), commercial director of LendingMetrics, said: “We’re really pleased Camco has adopted ADP, which provides it with the best solution for back-office optimisation and scaling-up as business expands.
“Going forward, the company will be using our award-winning platform to leverage the many benefits that come from assisted decisioning and the digital world.”
Ken Doyle, Camco chief credit officer, said: “Partnering with Lending Metrics is a significant step in our transformation journey.
“ADP’s speed, flexibility and automation capabilities will allow CAMCO to better serve our customers and broker partners, while allowing the business to scale efficiently.”
