AFS processes the widest array of lines of business on one solution, a foundation that enables the most insightful benchmarking analytics available to both quantify and qualify results.
AFS has the ability to support the varied requirements by lines of business—both from an accounting perspective and new/renewed loan origination.
Asset-Based Lending. AFS is up to the task of servicing these loans for accounts receivable/inventory and collateral monitoring. We enable the advanced online monitoring of the factors affecting disbursements and collateral worth, such as inventory, receivables aging, sales, remittances, and float.
Construction Lending. The AFS construction lending functionality is a monitoring and administrative tool to track every aspect of a construction loan portfolio, from approval to disbursement. It allows you to managing all the details of the deal—from tracking commitments, third parties, and equity interests to monitoring the construction process and loan/payment cycles.
Business Banking. AFS streamlines, tracks, and controls the entire small business loan process by automating information-gathering, credit-bureau retrieval, credit-scoring, decisioning, underwriting, document preparation, and loan booking tasks. Post-booking, the AFS straight-through process reduces ongoing servicing costs by automating or facilitating invoicing, payment application, payoff processing, offset entries, customer information look-ups, data file maintenance, processing speed, and regulatory reporting.
AFS has the flexibility to enable you, as small business lender, to be creative in meeting customer needs, often a competitive advantage in today’s markets.
AFS also eases the reporting tasks associated with the Small Business Association (SBA). For example, the AFS SBA solution includes automatic 1502 reporting with full back-dating.
Commercial Real Estate Lending. The AFS commercial real estate capability captures the characteristics of the loan and the essential real estate information (appraisals, inspection reports, environmental studies, etc.). Additional collateral, guarantor information, and underwriting memos are also held in the same file, creating a comprehensive picture of the relationship. AFS provides the most efficient and comprehensive processing of a commercial real estate loan available today.
Dealer Floor Plan. The AFS solution addresses the unique lending requirements of dealer-sold merchandise such as automobiles, farm equipment, and even musical instruments. It enables servicing to dealers and customers through the automation of document preparation, facilitation of payment processing, and streamlined communications capabilities. Revenue opportunities are maximized by providing flexible pricing facilities, including LIBOR-based rates and extensive fee options.
Syndications. The AFS syndications capability automatically sets up deals and simplifies the administration, accounting, and communication of a syndicated or participated credit. Automation of the syndication process enables staff to handle greater volumes of syndicated deals while providing superior customer support.
A fuller explanation of the STP approach to corporate lending can be had by contacting AFS.