Sallyport Commercial Finance Ltd Appoints Lenvi

Sallyport Commercial Finance Ltd will implement Lenvi Riskfactor’s full-service risk management software, building on a successful long-term partnership with parent company, Sallyport Commercial Finance LLC.

• Launched in February 23, Sallyport Commercial Finance Ltd has recently appointed Lenvi Riskfactor for their operations.
• The appointment follows a strong partnership between Lenvi and Sallyport’s parent company.
• Lenvi Riskfactor currently holds over 95% of the UK market share in the receivables finance risk management space.

Lenvi, the leading provider of commercial lending software and solutions to the factoring and receivables finance market, has been appointed by Sallyport to support its UK risk management and operations functions, through its risk management software Riskfactor. This partnership builds on Lenvi’s successful collaboration with Sallyport’s parent company, Sallyport Commercial Finance LLC.

Lenvi Riskfactor will support Sallyport in their mission to create growth opportunities for entrepreneurs through the creation of custom-tailored solutions. Building upon the expertise of Sallyport’s team, Lenvi Riskfactor will enhance risk detection and improve operational efficiency.  Lenvi Riskfactor’s sophisticated risk metrics support the portfolio management of receivables finance lenders, helping improve business performance. Holding over 95% of the UK market share, Lenvi Riskfactor is also expanding its presence across continental Europe.

Both companies see this partnership as an opportunity to expand their market presence, benefiting both companies and their clients.

Richard Carter, CEO of Lenvi said:

“We’re delighted to welcome Sallyport Commercial Finance Ltd to our exhaustive list of UK lending clients. With the support of Lenvi Riskfactor, Sallyport will be able to leverage our risk management and ongoing portfolio monitoring processes automation to support their growth ambitions in the UK, just as their parent in the United States has.”

Andy Tait, Managing Director of Sallyport said:

“We are confident that Lenvi Riskfactor will deliver on its promise, and we are happy to have Lenvi’s support in implementing the Lenvi Riskfactor solution. So far, Lenvi Riskfactor has supported our parent company in its growth and ambitions in the commercial finance sphere, and we’re confident Lenvi Riskfactor will continue to benefit our business as we develop our portfolio and client relationships in the UK.”