BEP Systems

BEP Systems to deliver origination processes for Lendco




BEP Systems has announced it will provide Lendco with origination software for commercial mortgages, BTL and bridging finance processes.

The mortgage origination software house will use its customisable Apprivo2 system to do this.

BEP has designed new systems to interface at every stage of the broker journey, from a new broker portal to Lendco underwriting processes and integrating to the Quest system for valuations and Equifax for credit profiling.

The work carried out by BEP Systems will significantly increase efficiencies when dealing with brokers who are helping their customers purchase BTL property, commercial units, investment portfolios and student accommodation.

Simon Knight, managing director of Lendco, said: “It was important that we used a software house that not only understood the market in which we operate, but had an excellent grasp of the complex processes involved to underwrite cases and to interface with multiple third-party systems.”

Chris Little, managing director of BEP Systems (pictured above), added: “The new broker portal and integrated systems will help Lendco deliver a variety of commercial finance facilities to their brokers much more efficiently.

“It’s an exciting time in financial software development and we believe Apprivo2 is the fastest-growing system in the UK serving specialist finance providers.”

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