Target to supply system for new commercial lender
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Lending solutions provider Target has signed a contract to deliver a new commercial lender system to an unnamed lender looking to launch when market conditions improve.
Target says the client, who wishes to retain commercial confidentiality, has ambitious launch plans as market conditions improve.
James Rudolf, chief executive officer of Target Software, says: “Target’s approach combines our specialist lending industry knowledge with an ability to deliver flexible, cost-effective lending systems.
“We’re in the business of helping our clients deliver value to their stakeholders.
“We continue to see entrepreneurship - despite the challenging market conditions.
“Target has a great track record of working with start-ups and established lenders to offer differentiated products, and to collaborate to get new business on the books quickly.
“Our tried and tested lending and arrears management software reduces risk for funders.”
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