Target Group, the financial services outsourcing and software business, has been selected by Bridging and Development finance lender Pivot Finance to provide its Bluechip Lender system. The deal sees Target become the largest provider of systems to the Bridging Finance sector.
Pivot will benefit from Target Bluechip’s processing automation, smart documentation and comprehensive suite of reports, in addition to its user-friendly loan administration and broker management modules. Additional enhancements have been built to cater for Pivot’s specific innovative product offerings which are focused on a client base of property owners, investors and entrepreneurs.
Ian Larkin, Co-Group CEO at Target Group, says:
“We are delighted to be working with the team at Pivot. Our system will allow them to manage their business more efficiently at a time when access to loans is more crucial than ever for the success of Britain’s small to medium sized enterprises. The flexibility and scalability of our solution will also meet the company’s ambitious growth needs, as it continues to expand in the years ahead, while our bespoke system enhancements will support their unique lending proposition.”
Shahil Kotecha, CEO at Pivot, says:
“At a time of marked turbulence across the UK economy it is essential for any firm with our capabilities to have an infrastructure which allows us to assist our customers as swiftly and efficiently as possible. With this in mind, establishing trust with our clients fundamentally governs the way we operate and the implementation of the system from Target supports us with our goal of delivering transparency in our offering. “
Target Bluechip consists of a number of innovative software solutions which have been designed for finance brokers or short term lenders, and is the largest provider of systems to UK Bridging lenders.