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Commercial Credit News
|Bridging Finance Solutions selects Target’s Bluechip Web Portal to help double turnover|
|Tuesday, 21 March 2017|
Target Group has signed a deal to supply its new Bluechip Web Portal to Bridging Finance Solutions (BFS), the short-term property finance provider.
Target’s new Web Portal communicates in real-time with its market leading Bluechip platform, which is widely used in the bridging finance sector. Clients and introducing brokers will be able to register and submit applications to BFS securely via the portal. Standard features include online case tracking, document upload, and viewing of case update notes left by BFS underwriters and processing staff.
To further improve processing efficiencies BFS panel solicitors will have access to their allocated cases via the portal and will be able to upload documentation and leave case notes, which updates the Bluechip platform automatically.
BFS recently reported that turnover doubled in 2016 and anticipates similar growth in 2017.
Jeremy Edwards, Chief Client Officer at Target Group, says: “We are delighted that Bridging Finance Solutions has chosen Target to supply our new Bluechip Web Portal. It will allow the BFS team to manage their business more efficiently, enhancing the service provided to their clients, introducers, and strengthening their business partnerships. The combination of the Web Portal and our Target Bluechip loan processing platform is a compelling end-to-end solution that will support their ambitious growth plans for the coming years.”
Steve Barber, Managing Director at Bridging Finance Solutions, commented: “We have always been an early adopter of Fintech during the history of the company. With professional services recognising the far-reaching benefits of short-term finance, our investment in the Target Bluechip platform has helped supplement our growth in recent years. We have set ourselves ambitious targets for 2017 and implementing the new Web Portal not only improves our end to end processing efficiencies, but also provides our clients, introducers and solicitor partners with 24/7 access to their cases. Our continued investment in technology, along with our commitment to bringing in quality people will assist our growth plans going forward.”
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