We are proud to announce that Renaissance Asset Finance, a leading UK provider of bespoke asset finance solutions, has adopted verifi’s virtual asset inspection platform.
This strategic partnership sees Renaissance deploying verifi’s technology not only for new business origination but as a comprehensive tool for in-life asset inspections and collections & recoveries. This multi-stage deployment underpins Renaissance’s commitment to robust operational set-ups, ensuring efficiency and risk protection from the start of an agreement through to its conclusion.
Securing the Full Asset Lifecycle
As a specialist lender for high-net-worth individuals and SMEs, verifi understands that protecting the portfolio while maintaining a "relationship-led" service is paramount to Renaissance. By integrating our self-certifi inspection offering, Renaissance empowers its team to manage assets remotely and efficiently at every critical touchpoint:
- New Business: enabling brokers and dealers to self-inspect assets speeds up decision-making, delivering the "swift finance decisions" that partners value
- In-Life Management: Renaissance can now conduct routine existence and condition checks without physical site visits, ensuring portfolio health with minimal friction for the client
- Collections & Recoveries: in the event of arrears or recovery action, verifi’s platform provides instant and trusted evidence of an asset's condition and location, allowing the collections team to make data-driven decisions on recovery strategies without delay.
Unlocking Operational Efficiency
By utilising a single digital solution for diverse use cases, Renaissance gains significant advantages:
- Unified Risk View: whether validating a supercar at origination or assessing plant machinery in a recovery scenario, Renaissance benefits from verifi’s proprietary technology to detect fraud and confirm asset condition
- Agility & Speed: the platform removes the friction caused by arranging and conducting legacy inspections on site, allowing Renaissance to react quickly to changing circumstances, whether that means allowing fast payouts or acting swiftly to secure an asset
- Relationship Focus: by digitising these increasingly important guardrails in its lending operations, Renaissance reduces the administrative burden on clients and brokers, preserving the quality of the relationship
Jonathan Garnett, verifi co-founder, commented:
"Renaissance understands that a prudent approach to asset security isn't just about the day the deal is signed. It’s about having visibility throughout the finance lifecycle. We are delighted that Renaissance has chosen to deploy verifi across their entire operation—from new business to collections. This holistic approach allows them to maintain their high-touch, relationship-led service while using our technology to silently and effectively manage risk in the background. Its been a pleasure to work with the Renaissance team during onboarding and we very much look forward to developing a long-standing partnership in the years to come"
Mark Lester, Managing Director at Renaissance Asset Finance, shares:
“Renaissance is committed to innovation and continuous improvement, that is what this new partnership with verifi embodies. Their self-certifi tool will enable much faster audits and will significantly cut down the amount of time an audit can sometimes take, due to geographical issues for example. This allows us to meet our Risk Appetite whilst causing minimum disturbance to our customers. We look forward to our new partnership with verifi.”
About Verifi Asset Protection Limited
verifi is a professional and trusted provider of leading-edge technology for banks and asset finance providers. The company’s "self-certifi" inspection platform allows finance customers and dealers to conduct their own asset inspections via a mobile device, eliminating the need for traditional, in-person inspections. verifi’s proprietary technology, which includes real-time image validation and geo-location tools, helps lenders mitigate fraud and risk at all stages of the finance lifecycle.
For more information or to arrange a demo of our platform, please contact us at [email protected] or visit www.veri.fi.
About Renaissance Asset Finance Limited
Renaissance Asset Finance is a specialist asset finance provider and a subsidiary of Arbuthnot Latham & Co., Limited. Founded in 2014, RAF provides bespoke funding facilities via premium brokers and direct to market, specializing in high-value cars and critical business assets for SMEs and High Net Worth Individuals (HNWIs). RAF combines the financial strength of a merchant bank with the agility and expertise of a specialist lender.
You can follow Renaissance Asset Finance Limited on:
Linked In - https://www.linkedin.com/company/renaissance-asset-finance-limited/
Web - https://renaissanceaf.com/
YouTube - https://www.youtube.com/@arbuthnotlatham
