pancredit launches Software as a Service for Lenders

Aug 2010

pancredit, the established Leeds based software vendor has released the first comprehensive lending solution available in the UK as Software as a Service. The solution is fully hosted, web based and in the first release provides support for unsecured loans, secured loans and motor finance products. 

Managing Director Peter Constance comments; “Delivering a SaaS solution for lenders has represented a considerable challenge given the complexity of the requirement and that’s why this is the first such service available in the UK. This platform is ideal for start up lenders or existing lenders wanting to trial new products. Users can be up and running very quickly which minimises their time to market. Also the subscription based model means that start up costs are low compared with a traditional software sale.”

Version 2 of the service, which is due to be launched in Q4 will also support payday lending.

For more information please complete the enquiry form or call +44 (0)113 2513455

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