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Lease Team

Hampshire Trust streamlines service



Hampshire Trust Bank has launched a new service on its Asset Finance web portal that enables its broker partners to automatically generate documentation, saving time and improving accuracy.

 The new document generation (“Doc Gen”) software means that after a proposal has been approved brokers can generate individual deal documents or a suite of documentation at the push of a button, rather than entering details manually, reducing the possibility of making an error.

 Doc Gen provides brokers with easy access to proposal documentation and enables them to edit and resubmit proposals for approval. In addition, introducers can view and confirm they have met any underwriting conditions, helping to streamline the process by answering any queries and ensure faster pay out.

 Vincenzo Scalzone, Head of Broker, Asset Finance, Hampshire Trust Bank, said, “We launched our web portal less than twelve months ago and have focused on introducing Doc Gen so quickly, within such a tight timeframe, because we understand how important it is to brokers. This is a significant enhancement to our web portal and will help our introducers to quickly and simply generate necessary deal documentation, ensuring they have more time to focus on growing their business. This capability cannot be underestimated.

 “Our web portal works together with our app, meaning that whether brokers are working on a desktop computer or are out of the office on a mobile they can always calculate commission and customer payments. In addition to the calculating capability that is also provided by our app, the web portal offers a host of extra features that are designed to streamline the application process, more are in the pipeline.

 “To quote a well-used phrase - ‘time is money’ – and this has perhaps never been truer than in the digital age when speed and convenience are key considerations for customers. In order to stay competitive and ensure clients receive the prompt service they have come to expect from most areas of their lives, it is important for all businesses, including Asset Finance brokers, to make the most of the digital solutions that are available to them wherever possible.

 “Digital solutions can help make the lives of Asset Finance brokers easier and help ensure they have the time to spend on maintaining and growing these relationships and providing the high levels of specialist personal service that can help their business stand out from the crowd.”

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