Asset Advantage introduces electronic signatures for SME funding deals
Electronic signatures are now available on deals with a maximum payout of £100,000.
Asset Advantage has introduced electronic signatures for business loans and asset finance deals up to £100,000.
Brokers no longer need to provide wet signatures on finance agreements or other documents.
Electronic signatures are now available on deals with a maximum payout of £100,000.
The move is expected to help brokers and their small and medium-sized enterprise (SME) clients complete deals faster and with fewer delays.
Gary Thompson (pictured), sales director at Asset Advantage, said: “Introducing e-signatures is a direct response to feedback from our brokers and reflects our commitment to making business finance faster and more efficient for all parties.
“By focusing initially on facilities up to £100k, we’re enabling faster completion of deals in a measured and methodical way – facilitating speedier transactions in a critical segment of the market, while maintaining our renowned human touch with high quality underwriting and, when required, direct interaction with the end user.
“This is one of a number of improvements we are making to strengthen our proposition and improve the broker experience.”
Thompson added: “Driving efficiencies in application only bolsters our longstanding approach to flexible and pragmatic funding, helping commercial brokers deliver on non-standard, growth-focused transactions.”
Related
Asset Advantage launches business loan products for SMEs
Expansion and management top reasons for business acquisition funding, data reveals
Asset Advantage launches roadshows to help brokers structure deals
Retirement plans behind 69% of SME business sales – Asset Advantage
Commercial brokers urge funders for “outside the box” approach to lending – Asset Advantage
Asset Advantage launches broker survey to explore SME funding needs
Third of commercial brokers struggle to secure acquisition funding, Asset Advantage reveals
Asset Advantage reveals low interest from lenders to fund soft assets
Business acquisition funding demand rises despite client knowledge gap, survey finds
Asset Advantage Net Promoter Score more than doubles
Asset Advantage expands team with South East area sales manager
