ABLE Platform expands to the Canadian market and joins the Canadian Lenders Association. The company offers SME lenders, credit unions and banks ABLE Platform.
October 13, 2021 (Toronto)—ABLE Platform has joined the Canadian Lenders Association (CLA), which is composed of more than 170 companies representing Canadian lenders.
Headquartered in the UK, ABLE Platform provides banks and alternative lenders worldwide with loan management software – the ABLE Platform, a pre-packaged solution for loan origination, servicing, and collection. The software by ABLE Platform allows companies to automate the lending process while creating a differentiated user experience.
“We look forward to supporting the growing Canadian lending community and adding value through our understanding of the lending industry pain points. ABLE Platform is always interested in offering new solutions that will have a tangible impact on our customers,” explains ABLE Platform’s CEO Peter Shubenok. “We are delighted to join the CLA and help lenders improve profitability and maximize efficiency through next-generation solutions.”
The Canadian Lenders Association stands for the implementation of state-of-the-art lending technologies designed to drive the future of loan business in Canada. CLA works with financial service and product providers along with governments to develop standards that benefit both the consumer and the economy.
“We are excited to welcome ABLE Platform as a member of the association and an approved vendor,” said Gary Schwartz, President of the CLA. “ABLE Platform has a strong track record of providing innovative loan management solutions to small business lenders globally. We look forward to working with them and the rest of our membership to influence policy in a way that promotes transparency and fosters responsible and ethical lending practices nation-wide.”
About ABLE Platform
Loan Management, Servicing, Debt Collection. End-to-end modular lending platform for banks and credit unions, fintechs and alternative lenders. AI-powered precision of loan decision-making. Up to 80% of business requirements are covered with the out-of-the-box solution.
