One of the greatest strengths of the ABLSoft platform is its flexibility. While we are committed to providing each client with a bespoke build of the platform, our commitment to flexibility extends to core functionality as well. The BBC workflow is a good example of…
Did you miss out on our webinar or want to review it again? Listen to what ABLSoft, Inc. and Cambridge Savings Bank business leaders have to say about the state of the Asset Based Lending market both today and in the future. An in-depth discussion…
Burlingame, CA – March 25, 2024 – ABLSoft, the premier Cloud asset based lending and factoring portfolio management system and Decipher Credit, the leading loan origination and underwriting platform for factoring and asset-based lenders, announced an exciting partnership to provide an end-to-end asset-based lending automation….
As we approach the end of Q1, taking stock of the evolving landscape of Asset-Based Lending (ABL) and the key trends shaping the industry is important. Here are some key insights we are finding on the state of ABL and what we see lying ahead. Resilience…
Flexibility for You: Your platform, your way Every lender is different and has unique needs. No matter the requirements, the ABLSoft platform is flexible and agile enough to handle them. Every client receives a bespoke enterprise system thanks to the platform’s vast array of tailored…
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…
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…
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…
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…
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….
