Three second charge industry leaders have combined to create a new broker portal, www.smartmoneysourcing.co.uk.
It is hoped that this broker portal will deliver an end to end secured loan origination and packaging solutions to reduce processing times.
Target Group and its loan processing platform Bluechip, Twenty7Tec and Smart Money are the parties involved.
Jeremy Edwards, chief client officer at Target Group, said: “We are delighted that Smart Money has chosen Target to supply our new web based Broker Portal.
“The combination of the Broker Portal and our Target Bluechip loan processing platform is a compelling end to end solution that Paul recognised would benefit his organisation greatly.”
Paul Crewe, managing director at Smart Money, added: “We were keen to investigate how we could enhance our systems in order to provide the best service to our customers.
“In building on our existing relationship with Target, we have been able to streamline our end to end process and benefit from the efficiencies that Target Bluechip and the broker portal provides.”
James Tucker, managing director at Twenty7Tec, commented: “We are delighted that our LoanSource system is now integrated with the Target Broker Portal in addition to the previous back office integration with the Target Bluechip platform.
“We look forward to providing our continued support to Target and its clients.”