With mortgage payment holidays ending, and repayments restarting on other loans, there will be increased pressure on lenders to make collections, and carefully manage arrears, in a fair, compliant and ethical manner.
As markets become increasingly competitive and risk and compliance pressure increases, providers are increasingly looking to outsource their servicing processes. For businesses moving into new markets, partnering with an outsourcer can help to keep market entry costs low by reducing fixed expenditure in staff, IT systems and premises, along with avoiding significant investment in key servicing infrastructure.
We can support you with comprehensive flexible outsourced servicing underpinned by our market leading in-house software across a wide array of loan and mortgage products.
Our industry leading lending software manages multiple products on a single platform, offering a single view of your customer and risk exposure. Available as both an in house service or as a managed service.
If you’re considering buying, selling or holding loan portfolios we have the knowledge, insight and experience to support you in both managing and maximising value from your assets.
The new world of customer centricity and interaction demands highly relevant, personalised and consistent customer engagement across the entire insurance lifecycle.
We deliver comprehensive third-party back office investment administration services and governance support for structured products, wrappers and child trust funds. We cover all aspects of the portfolio lifecycle from origination and servicing through to maturity.
We deliver efficient and effective payment collection software and servicing for public sector bodies, saving money and improving engagement.
Get in touch now to find out how Target can help transform your lending operation. Call us on 0845 650 6200