insights Archive | ABLSoft
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Businesses Shifting to ABL in an Uncertain Economy.

A recent article in the Wall Street Journal explores how businesses move from traditional cash-flow and balance-sheet lending to asset-based lending because of flexibility. As the economic landscape evolves, businesses find innovative ways to secure capital and maintain stability. This is where asset-based financing becomes…

rdanis, 1 month ago
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6 min read
News

Turning the Page

Reflecting on the events of 2023 and looking ahead to 2024, various aspects provide insights into what the future holds. In response to the challenges posed by rising inflation and increased interest rates last year, banks adjusted their focus toward credit quality. While the importance…

rdanis, 3 months ago
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8 min read
News

Enhancing Portfolio Growth: A $60B Regional Bank’s Success with ABLSoft

Using  the ABLSoft system over the last 3 years, a large regional bank headquartered in Georgia has grown their portfolio by over 50% without adding additional headcount. Challenge: The Bank had been utilizing a legacy asset-based lending software, which resulted in an excessive number of…

rdanis, 3 months ago
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7 min read
News

Borrowing Base, Part 2 – A Path to Borrowing Happiness

Industry Assets – October 2023 Before the advent of asset-based lending software, most lenders relied on Excel spreadsheets to manage and monitor the collateral supporting their Borrowing Bases. It was considered the most efficient and versatile method back then, but came with its fair share…

rdanis, 4 months ago
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7 min read
News

Attuned to the Assets

This is the first in a series of three that provide an overview of Asset-Based Lending.  Through asset-based lending, businesses can get access to much-needed working capital. The borrowing base certificate is the core concept of asset-based lending and the key processing challenge for lenders….

rdanis, 5 months ago
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7 min read
News

ABL, An Effective Strategy for Banks to Mitigate Risk

Asset-based lending, ABL, has become a flexible financing option among businesses. However, it is not only beneficial for borrowers but also for banks. By offering asset-based lending programs, banks can tap into a lucrative market, diversify their portfolios, mitigate risk, and foster long-term client relationships….

rdanis, 6 months ago
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7 min read
News

Georgia finance company modernizes operations with ABLSoft’s all-in-one ABL and factoring platform

Challenge: With key staff retiring, a Lender needed to replace their aging proprietary system in a  tight timeframe and budget while ensuring no disruption to clients.  A well-established financial company in Georgia needed to replace its proprietary finance system built on an old version of…

ablsoft, 10 months ago
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7 min read
News

Accelerate your Asset Based Lending

Financial institutions that want to remain competitive in today’s market know they must accelerate their digital transformation initiatives. They understand that users demand faster mobile services, personalized products, and transparency in the lending process. In recent years, nimble fintech startups have played a critical role…

Nancy Lee, 1 year ago
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13 min read
News

Choosing the Right Software Platform for Commercial Lenders

The commercial lending industry is undergoing a rapid digital transformation with mounting customer expectations and an influx of new financial technologies. The modern landscape can be daunting if you’re considering a new software. It is easy to go down a wrong path and fall into…

Ozella Bowman, 3 years ago
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13 min read