Aascent, the commercial lines premium finance specialist, has launched an online system that will allow brokers to get approval for a premium finance deal within ten minutes.
Aapex allows brokers to input transactions directly to Aascent and monitor the status of deals in real-time, 24 hours a day, without making any modifications to their in-house software.
On standard risks of up to £85,000 Aapex automates the underwriting process, allowing a loan application to proceed from submission to approval and then ‘go live' in under ten minutes.
