About our client:
Picture Financial was a start-up lender, set up by a team of highly
experienced financial services professionals. With the backing of a
leading investment banks and venture capital provider, the company
provided secured loans.
A £1 billion portfolio was built,
serving over 25,000 UK customers.
When Picture ceased lending in June
2008, the two investment banks sought a new way to efficiently
service the portfolios. They turned to Target to
outsource.
Target has a long established track
record in delivering secured loan software and servicing. Explore our
solutions for secured lending.
To read the whole story on our work to
service the Picture portfolios, download the .pdf below.