The online platform, which launched a pilot at the end of 2018, provides borrowers looking for business and property finance with the opportunity to submit their loan request to multiple lenders in one place, scanning the market to match their circumstances with lender criteria.
During the pilot phase, Pitch 4 was used on a controlled number of cases for customers looking for property loans in order to refine the experience for both lenders and borrowers. The platform is now open for new lender registrations, with a full customer launch and the introduction of business loans planned for the near future.
Miranda Khadr, Founder of Pitch 4 Finance, says:
“With Pitch 4, we’ve developed a platform that meets the needs of both the lender and the borrower, combining technology and individual underwriting to give both greater control of finance applications.
“With multiple lenders pitching for their business, borrowers have the opportunity to access funding underwritten for their specific circumstances. At the same time, lenders are able to control their appetite for business through the platform and can maintain a hands-on approach to underwriting.
“We think Pitch 4 is going to revolutionise the way that property investors and businesses access new funding and we have been fastidious with our planning and development. We are now completely happy with the way the system works and are ready to open the door to new lender registrations, with a full launch for customers and business loans on the imminent horizon."
