LendScape software underpins alternative finance group’s success
HPD is pleased to announce that its client, Amicus Commercial Finance, has won the Business Moneyfacts 2017 award for Innovation in the SME Finance Sector.
Amicus Commercial Finance won the award for its ‘Intelligent Cashflow’ solution for SMEs, which is underpinned by HPD’s LendScape product suite. The specialist finance firm implemented HPD’s data extraction tool, Gemini and its flagship invoice discounting, factoring and ABL platform, Aquarius, which provides smartphone mobile access for its clients.
Amicus launched its commercial finance business at the beginning of 2016, taking advantage of HPD’s cloud-based, Software as a Service (SaaS) solution, to achieve a rapid time to market. The company has already built up an impressive portfolio of clients, and is making a significant impact on the sector.
John Wilde, managing director of Amicus Commercial Finance, said: “It’s a real coup to win this award only 12 months after our business launched. We had a clear picture of what we wanted to offer the market in terms of combining high levels of customer service based on a reliable and innovative technology platform.
“The award is a real tribute to the hard work of the Amicus team, and to the strong partnership and support we have received from HPD. We intend to continue innovating in the market to ensure our clients always receive the best financial services available.”
Kevin Day, CEO of HPD Software, added: “Since the inception of Amicus Commercial Finance, John and his team have fully embraced our full suite of technology solutions. They are early adopters and always keen to be first to market.
“Using our cloud-based software has allowed Amicus to focus on its clients, whilst relying on the very best technology designed for the commercial finance market. We are proud to be the chosen technology partner for Amicus Commercial Finance and delighted with their coveted award win.”
Amicus faced tough competition from a number of other businesses innovating in the delivery of SME finance. The event was attended by over 600 industry professionals from leading financial institutions and trade bodies.