Solifi's Asset-Based Lending software is designed to help lenders overcome common challenges by providing a digital-first approach. It integrates disparate systems, automates complex calculations, and offers self-service options through a borrower portal. This software aims to optimize efficiency, mitigate fraud risks, and improve decision-making processes.

Key Features

• Integration and Fraud Mitigation: Connects with partner APIs like Experian and Equifax to integrate systems and reduce fraud risks.
• Automation of Complex Calculations: Automates calculations for collateral values, ineligibles, advance rates, loan balances, and line limits.
• Customizable Borrower Portal: Allows branding with company logos and color schemes, providing borrowers with 24/7 access to their information.
• Revenue Generation: Helps deploy capital to generate interest and fee income, reducing operating expenses and expediting funding turnaround times.

Benefits

• Enhanced Efficiency: Automates routine tasks, allowing staff to focus on more complex requests.
• Improved Decision-Making: Provides powerful dashboards for tracking trends and analyzing portfolio data insights.
• Customer Satisfaction: Offers borrowers immediate access to their information and the ability to submit requests online.