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Comment by: James Snow, Sales & Marketing Director, Target Group
As the market continues to evolve, lenders are under constant pressure to re-think their business models in order to compete with each other and new market entrants.
Working with the right outsourcer can be transformational, enabling clients to access new funding, progressive technology, smart processes, market insight and operational expertise along with benefiting from the assurance of predictable costs.
For success, outsourcing must be a partnership arrangement which allows lenders to be released from non-core back office processes and to focus more on their market and customers.
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Specialist loans and savings bank, Shawbrook, has appointed Target Group to manage and service its growing commercial mortgage portfolio.
Target 's Standard & Poor's rating has been upgraded to 'Above Average' for primary servicey of residential mortgages and consumer finance loans in the UK.