Trade Ledger teams up with ScotPac

Monday 6 September 2021 11:49 CET | News

Trade Ledger has joined forces with ScotPac to create a different experience for business funding.

ScotPac is using Trade Ledger’s data-driven lending platform to unlock all types of working capital and business lending products for SMEs who cannot always easily access finance. The Trade Ledger platform was piloted on ScotPac’s asset finance offering and has achieved a 90% reduction in application turnaround time and a 300% growth in new business volume in the past 12 months, as mentioned in the official press release.

The Trade Ledger partnership aims to digitise the front door to every channel and product for ScotPac, with supercharged and secure digital processes.

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Keywords: partnership, data , SMEs, digitalisation
Categories: Banking & Fintech | Online & Mobile Banking
Countries: United Kingdom
This article is part of category

Banking & Fintech

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