Nivo joins the Association of Short Term Lenders

September 1, 2020
minutes read

Nivo has become the latest organisation to join the Association of Short Term Lenders (ASTL) as an associate member.

Nivo becomes the latest associate member to join the ASTL and will sponsor their Annual Conference later this month.

Recently Nivo's presence in the Bridging and commercial finance market grew due to the ability for lenders to securely transfer biometric identify verification reports to their dual representing solicitor, which facilitated the continued progression of bridging loans during the Covid-19 lockdown.

Within Nivo, lenders have acess to biometric ID&V technology, open banking, advanced e-signing, and instant filesharing. It also makes it easy to move deals forward quicker, through seamless data and file transfer to intermediaries with instant messaging between them.

Polly Taylor-Pullen, Business Development at Nivo, says:

“At Nivo, we strive to make it as easy as possible for lenders, brokers, and solicitors to deliver a streamlined and paperless loan journey for their customers. Earlier this year, we saw how our solution helped bridging and development lenders during the disruption caused by lockdown and we were really impressed by the industry’s willingness to innovate. We believe we can make a real difference to this market, making things quicker and easier for lenders, intermediaries, and customers. We are delighted to join the ASTL as associate members and have the opportunity to support the Conference later in the month.”

Vic Jannels, CEO of the ASTL, says:

“I am pleased to welcome Nivo on board as associate members of the ASTL. This year has undoubtedly been difficult for everyone, but we have been able to grow the membership and influence of the ASTL despite this turbulent period. This demonstrates just how important it is to have a strong and credible trade body to drive standards and protect the interests of our sector.”

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Written by

Stephanie Dymott
Nivo, Marketing