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ASL - Secured Lender System

Now in Version 4, ASL is the result of years of refinement in a joint effort with our customers to produce flooplan software that is easy to use, comprehensive, and can help you save time, money, control your loans, and provide superior service to your dealers.

  • Curtailments, set for each plan type (new, used, demos, etc). Set it and forget it. Accurate curtailment schedules are computed  as units are floored. Statement shows curtailment due on each unit. One click curtailment pay processing.
  • Multiple prime rates (your own, LIBOR, etc) allow you to structure loans with utmost flexibility.
  • Accruals are computed and posted to GL daily. Full backdating of principal transactions and rate changes supported.
  • Management reporting, provide both online access and reports summarizing your floorplan loans for management.
  • Flexible fee structure, can vary by plan or type of unit. Unit fees (setup and or recurring), inventory aging fees, dealer level fees.
  • Supports equity lines, term loans, inventory loans. You can have, if required, the whole relationship with this dealer on ASL.
  • Customizable dealer statement.
  • Interfaces. To external Audit Services (Datascan, Douglas Guardian), core loan systems (Metavante, Fidelity), ACH (GL and DDA), Manufacturer's Drafts. New: Interface to BlackBook!

Advantage Software - (413) 586-5222

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