Software specialist icenet has integrated its leading installment lending system with LendProtect, the specialist credit reference agency for the short term lending sector.

The integration will allow lenders to perform on-line searches of LendProtect’s database returning extensive short term lending performance data and a highly predictive credit score, banking account and debit card verification, and identity verification enabling more informed lending decisions to be made in real time.

Alex Stephen, icenet’s Chief Executive said, “LendProtect provides our user community with a compelling proposition in a challenging market.  The integration also allows performance data to be submitted to LendProtect’s closed user group database, further enhancing the score quality.”

Commenting on the integration, Mike Shaw, LendProtect’s UK Managing Director said, “icenet’s adoption by short term lenders is increasing, with both local and incoming US based lenders, with whom we have strong relationships in their core markets. The integration with icenet will ensure that our customers are able to gain the processing efficiencies which are so vital in this sector.”