FTRANS' Secured Accounts Receivable Line of Credit program supports commercial working capital lending to small and medium sized businesses. SARLOC bridges the gap between lightly monitored, unsecured C&I lending and intensely monitored, secured asset based lending and offers a complete accounts receivable outsourcing solution for your Borrowers.
How Does It Work?
FTRANS outsources your Borrower’s accounts receivables operations enabling best practices programs, creating transparent, safe, secured collateral for bank lending. Your bank achieves enhanced portfolio visibility and stability through real-time accounts receivable monitoring, computation of credit line availability, and reduced collateral risk due to better credit evaluation and credit protection on your Borrower’s Account Debtors.
Bank Benefits:
- Commercial Customer Acquisition Product
- Increased Deposits and Loan Balances
- Increased Fee Income
- Monitor A/R Real Time
- Monitor Indirect Exposure
- Diversify from Real Estate Lending
Borrower Benefits:
- Improved cash cycle
- Access to capital
- Monitored accounts receivables and customer credit
- Reduced credit risk and bad debt
- Visable real time A/R aging
- Reconcilation of remitted payments
- All data online, no software to install
- On-demand reports
- Improved operational efficiency