Aldermore adds instant vehicle valuations to broker portal

Aldermore has enhanced its asset finance proposition by introducing instant vehicle valuations through its broker portal, Asset Backer, enabling brokers to access real-time future vehicle values as they structure finance deals.

The new capability, powered by Brego, provides brokers with instant access to reliable future vehicle valuations directly within the Asset Backer platform. The bank said the enhancement is designed to support faster decision-making, improve valuation accuracy and create a smoother end-to-end application journey.

By integrating Brego’s valuation technology, brokers can obtain data-driven balloon values across a wide range of vehicles without leaving the portal, helping to reduce delays and improve confidence when structuring customer finance agreements.

The self-service functionality is expected to streamline the application process by providing greater certainty at the point of application and enabling more efficient deal structuring in a market where speed remains a key competitive differentiator.

Lee Rhodes, Commercial Director at Aldermore, said: “Brokers are at the heart of everything we do, and this enhancement is about making it easier for them to do business with us.

“By offering instant vehicle valuations through Asset Backer, we’re helping brokers move faster, reduce friction and give their customers greater certainty from the outset.”

Andy Webb, Head of Sales at Brego, added: “We’re pleased to be working with Aldermore to bring instant, accurate vehicle valuations to its broker channel, helping improve efficiency and confidence across the asset finance process.”

The latest enhancement forms part of Aldermore’s ongoing investment in digital capabilities and technology partnerships aimed at improving the broker experience while supporting SMEs with faster, more efficient access to asset finance.