Artesian Solutions: Pledges to Help Banks Accelerate CBILS Lending
- Artesian Solutions a leading provider of client intelligence and risk solutions which boost frontline productivity in corporate and commercial banking
- Announced plans to assist the UK banking industry in response to the huge surge in demand as a result of the COVID-19 crisis
- Offering free access for its subscribers to its online service to pre-screen loan applications and also triage lending enquiries
- Recent figures suggest that nearly 30,000 applications formally received but just 6,000 loans have been approved
- Research suggests that demand for CBILS could reach over 1.1 million applications
- Each lending institution has responded with different ways to register applications, usually by way of an online portal
