About our client: Central Trust forms one of
the largest and most well respected independently-owned financial
servicing organisations in the UK. In 2009, Central Trust appointed
Target to provide standby servicing for the company's new funding
line secured with the Royal Bank of Scotland.
The challenge: Having already invested in
Target's financial software for loan administration and arrears
management, Central Trust now needed a robust standby servicing
provision for the new funding line. This was not only to facilitate
new lending, but also to reassure its financial backer that its
investment was adequately protected.
The Target solution:
As standby servicer, Target is poised to step in and effectively
service the loan portfolio and mitigate risk exposure...
To read more about the solution
Target delivered and its results download the .pdf below.