THE ASSET-BASED LENDING MANAGER FOR WINDOWS

Overview

The Asset-Based Lending Manager is a proven, state-of-the-art software product designed to monitor and account for revolving loans within a bank or finance company. The system is designed to run on the PC and Microsoft Windows; and will accommodate those lenders with portfolios from one million to ten billion dollars of loans outstanding.

LOAN TYPES SUPPORTED BY THE SYSTEM:
  • Accounts Receivable
  • Inventory (RAW,WIP,Finished Goods)
  • Term Loans
  • Equipment
  • Letters of Credit
  • Bankers Acceptance
  • Participations Sold
  • Participations Bought
 SYSTEM FEATURES-HIGHLIGHTS:
  • Collateral and line availability can be grouped and calculated for 36 collateral/loan bases within 36 subsidiaries for one client.
  • Over 5,000 clients with multiple collateral/loan bases can be supported on the IBM PC system.
  • Multi-branch reporting and consolidation is available.
  • Multiple users comprised of collateral analysts, loan officers, auditors, and senior management can simultaneously access up-to-the-minute information on any of the PC's within a local area or remote network.
  • Collateral analysts and loan officers can be linked to their specific customer accounts for reporting and analysis.
  • Remote office loan processing or inquiry is available.
  • WSA can provide interfaces to your mainframe computer for DDA, General Ledger or other Commercial Loan packages.
  • The Asset-Based Lending Manager has been specifically tailored for ease of use based on the recommendations of over 1,000 loan officers and collateral analysts.
  • All programs are activated from easy to read and follow screen menus.
  • Color design allows you to highlight important fields of information and produce bar graph trends.
  • Training is provided to shorten the learning curve of your personnel.
  • The system is enchanced on an on-going basis, thereby providing you with the most sophisticated package available on the market.
 SYSTEM FEATURES-SENIOR MANAGEMENT AND LOAN OFFICER ANALYSIS:
  • Up-to-the-minute calculation of complex collateral and line availability via screen inquiry or report printouts.
  • Over line/over loan conditions are flagged as exceptions on management reporting.
  • Tickler dates coming due today and those not previously taken care of are provided on Daily Exception reports.
  • Trend analysis of the last 13 weeks collateral and loan activity via screen inquiry, reports or bar graphs.
  • Month-by-month trend analysis for the life of the client's lending arrangement via trend card or bar graphs.
  • Analysis of high concentrated debtors, accounts receivable and payable aging spreads.
  • The system is linked to Lotus 1-2-3 and Microsoft's Excel spreadsheet packages for additional analysis and reporting capabilities.
  • A new Exception Report spots variances in current activity vs. historical trends. Trends such as historical A/R turn, Loan Turn, Dilution, Sales and Ineligibles can be analysed.
  • The new Microsoft WINDOWS version of the Asset-Based Lending Manager has been designed to offer enhanced analysis plus the ability to transfer loan information to other Windows products like Microsoft's EXCEL and WORD.
 SYSTEM FEATURES-INTEREST AND FEE METHODS:
  • Daily and monthly interest accrual.
  • Multi-tier interest rate capacities.
  • Calendar or business day float.
  • Fixed or floating rates which can be tied to one of up to 100 base rate indexes.
  • Interest rate floors and maximum interest rate caps.
  • 360,365,366 day interest calculation years.
  • Minimum client monthly interest charge.
  • Multi-fees can be established for a loan such as: unused line, unused availability, commitment fees, sales fees and others.
  • Automatic transfer of interest and fees from client's side loans to the primary revolving loan at end of month.
  • Automatic term loan principal and interest payments charged to primary revolving loan on a selected day during the month.
 SYSTEM FEATURES-OPERATION'S DEPARTMENT:
  • The posting of client's borrowing certificates results in calculation of new collateral, loan and availability outstandings.
  • Advance authorization forms are generated automatically for approval and loan officer signature.
  • A complete set of audit trail registers detailing the daily sales, collections, and advances is produced by a collateral analyst.
  • DDA tickets can be automatically printed for advances and blocked cash receipts accounts.
  • An electronic interface can be constructed to transfer both DDA and commercial loan debits/credits to your mainframe computer.
  • Multi-level security by user and responsibility level is standard.
  • Detailed collateral and loan ledgers of all transactions for the current month and last is viewable on your terminal or in hardcopy report form.
  • A daily collateral and loan status report is produced for the operations area and for loan officers.
  • Calculation of weekly and monthly trends on the following:
    • Dilution
    • Loan & A/R Turn Days
    • Credit Memos
    • Cash Receipts
    • Loan & Collateral
    • Advances
    • Discounts
    • Ineligibles
    • Inventory
    • Income & Yield
    • (plus over 40 types of additional trends)
  • Additional reports or graphs can be produced via the Lotus 1-2-3 or Microsoft Excel Spreadsheet interface by loan officers and operation personnel.
  • Over 100 tickler dates can be established per loan such as:
    • UCC filings
    • A/R Agings received
    • Credit Line review
    • Insurance Policies
    • Field Audits
    • Financial Statements
    • A/P Agings rec'd
    • Inventory Certifications
  • Participation Sold loan settlement letters are created automatically.
  • Interest statements can be generated for both clients and participations sold at the end of the month.
  • Yield and income reporting is produced during the end of month process.
  • Intransit sales and collection monitoring also includes exception reporting on late schedules.
  • Collateral and loan transactions can be backposted to the first of the current month or the previous 31 days of last month. Trend and interest statement information is then corrected automatically.
  • Interest charges can be calculated for future date payoff requests.
  • A complete Audit Verification sub-system is included with the option to send open balance or detailed invoice verification letters.
  • A complete Accounts Receivable Detailing sub-system is included which allows for debtor and invoice monitoring.

A remote demonstration is available upon request as well as demonstrations at the WSA office in San Francisco. Please contact Bill Stucky at (415) 788-2441 Ext. 20 or via E-Mail: a request for additional information.