ASL - Floorplan for bankers
Now in Version 4, ASL has been for years the standard for affordable, comprehensive and robust floorplan software for the banking community. Daily accruals, full backdating, multiple prime rates, interfaces to GL, DDA, ACH and manufacturer's drafts, field audit module, flexible fee structure, comprehensive exception reporting. If you process for 3 dealers or 300, ASL will improve your operations and save you money!
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 gets automatically distributed to the units.
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!
We have developed in partnership with our customers a number of additional modules that enhance the functionality of ASL. See here for some examples.
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Please contact us for more information, and to schedule a web demo.
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