NORD/LB, one of Germany’s largest commercial banks, is accelerating access to finance for its large corporate customers, in a partnership with Trade Ledger, the global data-driven lending technology provider.
NORD/LB will use the Trade Ledger platform to originate and manage receivables finance facilities for large corporate customers. Processing and managing large receivables secured loans is admin-heavy and has previously required significant amounts of manual work on an ongoing basis, limiting the ability to distribute this popular product.
