Kuflink launched its own inhouse legal department as part of working towards an integrated service for introducers and their clients.

The company says setting up an internal legal function will significantly enhance its operational speed, legal oversight and consequently its ability to execute deals faster.

While it waits for final approval to offer dual representation, Kuflink has set up a borrower legal panel, which will work closely with the company’s legal department.

Kuflink head of origination Ranjit Narwal says: “Primarily, the time taken to complete deals will fall dramatically with the legal process embedded in the lending operation from the start.”

“Secondly, bringing the legal oversight in house will bring tighter control to every legal touchpoint, enhancing risk management. Lastly, the in house legal team will bring a higher degree of professionalism to the lending process.”