Paragon launches brand new asset finance broker portal
Paragon Bank has launched a brand-new asset finance portal that offers a simple, flexible and digitalised funding application process for brokers.
The new portal, which is initially targeted at intermediaries, lets brokers generate quotes and submit applications on-the-go, across multiple devices, and is accessible 24/7.
It was designed following extensive research amongst brokers to identify what functionalities were the most important to them, with speed of application and decision, timely updates, real time tracking and document generation coming out on top.
The new dynamic application process includes three quick and easy steps, with increased accuracy and speed thanks to an autofill function.
To apply for a funding on behalf of their clients, brokers will need to complete a simple process and input customer details, asset details and supporting information.
To complete the third step, brokers are also able to drag and drop supporting documents, then submit their application directly to the Paragon underwriting team, while keeping track of the journey with real time updates received over email.
Brokers can also use the system to generate finance documents and enjoy greater flexibility and convenience with E-signature.