Asset Based Lending
A comprehensive, highly configurable platform to support all flavors of asset-based lending from lightweight monitoring to ledgered ABL.
Borrowing Base Magic
Process a borrowing base in seconds. Take control of BBC calculations for higher-risks deals, or let your borrower initiate the BBC calculation. Effortlessly switch a deal from lightweight BBC monitoring to ledgered ABL workflow if a deal’s risk profile changes.
Your Collateral, Your Rules
ABLSoft provides countless predefined configurations for structuring deals and ineligibles. It supports flexible loan and collateral types, various caps and limits, configurable fees and rates with scheduler, seasonal advance rates, PIK, and more. Numerous ineligible options are available, including due date or invoice agings, portfolio-wide debtor concentrations, contras auto-mapping, and more.
Intelligent Workflow Automation
Instantly reconcile borrower calculations against Lender’s system calculations. Send reports or charge a fee on an automated schedule. Auto-notify both staff and clients with alerts and reminders. Backdate up to a year with an audit trail. Automate your data exchange with core system APIs.
Smart Decisioning
Verify availability & BBC calculations with precision and accuracy. Control your risk through access to 50+ dynamic reports with trending, exceptions and portfolio analysis. Effortlessly design your own reports without any coding using the Report Designer or connect to an AI-based insight tool through our reporting export package. Ensure borrower compliance with automated reporting covenants.
Feature Highlights
Instant Borrowing Base
Directly connect into popular accounting systems. Digitally process a borrowing base in seconds!
Borrower or Lender driven BBC
Multiple options to run BBC processing. Automatically reconcile ineligibles against borrower submissions.
Participations and Syndications
Seamlessly manage any type of participation deal. Supports unlimited participants with separate rates and fees.
Any Collateral Type
Monitor all types of collateral with ease - AR, Inventory, term, or factoring. Leverage our predefined types or define your own.
Flexible Ineligibles
Configure your own parameters for invoice or debtor holds, global debtor concentrations, contras, and more.
Mobile Advance Approvals
Approve advances on-the-go from your mobile device.
Real-time Alerts and Reminders
Reduce risk and minimize delays with instant notifications and reporting covenants.
Versatile Data Tools
Design your own reports through the no-code Report Designer or connect to specialized reporting software or AI-based insight.
Configurable Fees and Rates
A wide array of caps, limits, rates, and fees are offered right out of the box. Flexible backdating with audit trail.
Borrower Prescreening
Enable sales staff and underwriters to prescreen aging and ineligibles before activating the borrower.
Multi-currency
Allows for a mix of currencies to be calculated at both the borrower and loan level.
Workflow Automation
Utilize real-time APIs for data exchange with core banking, accounting and other critical systems.