Asset Finance News

Asset Advantage rolls out e-signatures for SME funding deals

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SME funding specialist Asset Advantage has introduced electronic signatures for finance agreements of up to £100,000, in a move aimed at improving efficiency and enhancing the broker experience.

The new capability eliminates the need for traditional “wet signatures” across finance agreements and supporting documentation, allowing brokers and their SME clients to complete transactions digitally. The change applies to both business loans and asset finance deals within the £100,000 threshold.

The adoption of e-signatures is expected to accelerate deal completion times and reduce administrative friction, offering a smoother and faster funding journey for brokers and their clients.

The development forms part of a broader investment strategy by Asset Advantage, which has recently included new hires across key internal departments, upgrades to systems and processes, and the launch of additional finance products. The company is positioning itself to better support commercial finance brokers amid rising demand for SME funding.

Gary Thompson, sales director at Asset Advantage, said the move was driven directly by broker feedback.

“Introducing e-signatures is a direct response to feedback from our brokers and reflects our commitment to making business finance faster and more efficient for all parties,” he said. “By focusing initially on facilities up to £100k, we’re enabling faster completion of deals in a measured and methodical way – facilitating speedier transactions in a critical segment of the market, while maintaining our renowned human touch with high quality underwriting and, when required, direct interaction with the end user.”

He added that the enhancement is one of several initiatives designed to strengthen the firm’s proposition and improve broker interactions.