Engaged partners with LendProtect on unique STL platform

Engaged CRM is a secure loan sourcing platform built specifically for the financial sector, and LendProtect is the leading provider of real-time underbanked consumer data and risk scoring solutions. The two companies have come together to create a bespoke lending platform that leverages the only real-time underbanked consumer loan performance information available to the lending market. 

Ashley Harris, Managing Director of Engaged CRM, said:

​“We have transformed our successful Engaged CRM into a platform tailored to resolve unique underwriting problems of short-term and installment lenders. 

“As the original specialised real-time credit reference agency in the UK, LendProtect provesto be the most robust solution with credit risk data on the underbanked market reported in real-time.”

Engaged CRM has flexibility that enables lenders to manage and monitor productivity and increase efficiency. Complete lead management tools are enabled with integrated telephony and accessible from anywhere in the world.  As the Financial Conduct Authority has asked that alternative financial services do more to address affordability, Engaged CRM addresses the means for lenders to create more efficient processes that are fast, easy and online.

LendProtect has offered specialised credit risk data in the UK longer than any other company in the industry. The company’s real-time loan performance data, payment data, consumer stability data and employment data is not available from the mainstream credit reporting agencies. The data is analysed in order to provide instant lending decisions using a proprietary comprehensive scoring platform. LendProtect also provides instant, secure access to a prospect’s electronic banking statement which is instrumental in providing a more accurate affordability assessment. 

Consumers also benefit by receiving access to additional borrowing options.

Greg Rable, CEO of FactorTrust,Inc, LendProtect’s parent company, said:

“LendProtect has unremittingly focused on building partnerships that deliver a unique value for its customers,”“Engaged CRM is providing a cost-effective online lending platform which enables lenders of any size to manage and scale successfully. This partnership is a natural fit as it offers short-term and installment lenders the most intuitive and flexible technology solution to manage their loans with confidence.”