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…
We know that portfolio diversification is an important tactic in hedging risk – even when you have a market specialty. There are a number of variables which impact Borrowing Base Availability and whether a department or agency will fund asset-based lending deals; even more so…
A pandemic came out of nowhere and has hit the economy hard. It has affected global logistics and supply on a scale we’ve never seen before, which has had a trickle-down effect on ABL lenders. Depending on where you sit in the ABL ecosystem,…
The holidays are over, we’ve made our New Year’s resolutions and our minds are still fresh and clear. Let’s take this opportunity to reflect on the future of asset-based lending; asking ourselves a few key questions as we enter a new year: What are the…
We’re excited to announce the launch of Instant Borrowing Base (IBB). This new capability enables borrowers to pass key data (agings, financials) directly from their accounting systems to ABLSoft. IBB supports real-time import from 9 accounting systems, including QuickBooks, Sage, and Xero. No more chasing…
Unlocking growth We’re proud to announce major enhancements to our digital borrowing base capability. This includes Instant Borrowing Base™, a new feature that allows borrowers to pass key data (agings, financials) directly from their accounting systems to ABLSoft. This has been a year in the…
