BFS adopts Target's portal in bid to double turnover

The web portal communicates in real-time with Target’s market-leading Bluechip platform, which is widely used in the bridging finance sector.

Clients and introducing brokers will be able to register and submit applications with BFS through the portal, which includes online case tracking, document upload and the option to view case update notes left by BFS underwriters.

BFS panel solicitors will also have access to their allocated cases via the portal and can upload documentation and leave case notes, which update the Bluechip platform automatically.

The partnership will look to improve BFS’s processing efficiencies as it looks to double turnover for a third year running.

Steve Barber, managing director of BFS (pictured above), said it had always been an early adopter of fintech and stated that its investment in Target’s Bluechip platform had helped supplement its growth in recent years.

“We have set ourselves ambitious targets for 2017 and implementing the new web portal not only improves our end-to-end processing efficiencies, but also provides our clients, introducers and solicitor partners with 24/7 access to their cases.

“Our continued investment in technology – along with our commitment to bringing in quality people – will assist our growth plans going forward.”

Jeremy Edwards, chief client officer at Target Group, said it was delighted that BFS had chosen Target to supply its new Bluechip web portal.

“It will allow the BFS team to manage their business more efficiently, enhancing the service provided to their clients [and] introducers, and strengthening their business partnerships.

“The combination of the web portal and our Target Bluechip loan-processing platform is a compelling end-to-end solution that will support their ambitious growth plans for the coming years.”