Arkle Finance renews verifi partnership to strengthen digital asset inspections

Arkle Finance has renewed its partnership with verifi, continuing to use the company’s virtual asset inspection platform to support its SME asset finance operations and further enhance its digital lending capabilities.

The renewed agreement will see Arkle Finance continue to leverage verifi’s self-certifi platform, enabling finance customers, brokers and supplying dealers to carry out virtual asset inspections to support both new lending and in-life portfolio management.

The technology is designed to replace traditional physical inspections with a digital process that can be completed in minutes, providing lenders with verified asset information while reducing the time and cost associated with manual inspections.

Through the platform, Arkle Finance aims to automate administrative processes, improve operational efficiency and enable its teams to spend more time supporting brokers and customers. The technology also incorporates agentic AI and multimodal reasoning to carry out real-time analysis of inspection data, helping to strengthen fraud prevention and support faster lending decisions.

Jonathan Garnett, co-founder of verifi, said the renewed partnership reflects the growing demand for digital solutions across the asset finance sector.

“The UK asset finance market is undergoing a significant digital shift, with lenders increasingly focused on enhancing operational efficiency, improving customer experience and bolstering fraud prevention,” he said.

“verifi’s virtual inspection technology directly addresses these core priorities. By digitising a historically manual process, our platform empowers Arkle Finance to not only make faster, data-driven decisions but also to deliver a more seamless and modern service to brokers and clients.

“Our ability to provide reliable, real-time data on asset existence and condition gives Arkle Finance a powerful tool for managing risk and staying ahead in a competitive landscape. We are delighted to partner with a forward-thinking firm like Arkle Finance that is committed to leading the industry’s digital evolution.”

Carla Lourenco, Head of Credit at Arkle Finance, said the technology complements the company’s relationship-led approach to underwriting while improving speed and efficiency.

“Every deal we underwrite at Arkle is reviewed by an experienced member of our team, ensuring a personal, relationship-led approach and consistent decision making. At the same time, innovative tools such as verifi’s asset inspection platform help streamline the process for us and our brokers, making it easier to gather the information we need quickly, securely and efficiently.

“The platform not only enhances the customer and broker experience but also strengthens our risk management framework by improving asset verification, reducing the risk of fraud and providing greater confidence in the information used to support lending decisions. This enables us to combine technology-driven efficiency with the personal service that remains at the heart of our business.”