AFS’ integrated lending system enables the widest array of loan types, including specialty lending needs, to be accommodated on one system:
- C&I Loans
- Asset-Based Loans
- Construction Loans
- Business Banking Loans
- Consumer Loans (Direct and Indirect)
- Commercial Real Estate Loans
- Dealer Flooring
- Wealth Management
The cost of multiple loan systems—acquisition, implementation, maintenance, and the staff to support these activities—is an obvious savings in favor of AFS Level III™.
But there is a cost impact on information delivery associated with reducing systems as well: justifying and reconciling their often conflicting data, establishing and monitoring their various interfaces, settling with General Ledger, and making sub-optimal decisions based on partial data. The integration and data integrity inherent in AFS Level III eliminate these expenditures as well.
The straight-through processing model that puts all these lines of business on one platform is a powerful thing to witness in demonstration. Contact AFS and see for yourself.