Global Finance Report26 May 2016
Eight years on from the Great Recession, the global asset and auto finance industry has emerged from some turbulent times to a calmer environment, where asset based finance of all kinds has had the opportunity to demonstrate both its resilience and the advantages it offers to businesses in many different sectors.
The industry has responded to operational challenges by making greater use of technology to tighten underwriting approaches, introduce efficiencies across a range of back office processes and improve customer service. Finance companies are now leaner and more responsive to changes in demand, having re-designed themselves to become flexible, market-facing businesses.
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