A disbursement app for SME lenders that move on speed. Contract, fund, ledger — one flow. Faster Payments, BACS, CHAPS where needed. Reconciliation automated. Audit pack ready before the regulator asks. Pairs cleanly with our loan-processing build.
Approved to funded — without re-keying. Faster Payments, BACS, audit, all wired.
On underwriter approve, the system generates the contract from your template (variables filled), sends via DocuSign, gates the next step on signature. No PDF wrangling.
Pay-out routed to the right rail by amount, urgency, and counterparty. Faster Payments under threshold; CHAPS for high-value same-day; BACS for batch. Confirmation captured.
Three-way reconciliation: pay-out file, internal ledger, bureau confirmation. Discrepancies flagged. Bookkeeper closes faster; audit log is complete.
Holdbacks, retentions, escrow, multi-tranche disbursement — all configurable. Schedule per loan. Trigger conditions per tranche. Most loan apps don't handle this; ours does.
Confirmation-of-payee on the destination account. Sanctions re-check. Manual hold if amount-velocity rules trip. The wrong account doesn't get the money.
Live: disbursed today, pending, reconciled, exception queue, reconciliation lag. SLA per row. Daily summary email to finance. Audit pack on demand.
An SME lender disbursed via manual BACS upload, with reconciliation a week later in Excel. Average funding lag: 2.3 business days. We shipped a disbursement app on Faster Payments + BACS rails with three-way reconciliation. Six months in: funding lag 4 hours, admin time on disbursement / week 18 hours → 3, no reconciliation discrepancies past the audit.
How we measure: Funding lag measured from approval to borrower-receipt (n = 320 across 12 weeks pre/post), admin time tracked via self-report, reconciliation discrepancies counted from internal audit.
Most-relevant verticals — but the same shape works for adjacent ones.
We integrate Faster Payments, BACS, your ledger — ship in 4–6 weeks.