Cync Software’s Asset Based Lending (ABL) application is designed to improve the lenders’ ABL portfolio management and increase productivity through BBC automation. Cync starts calculating ineligibles, collateral values and borrowing base certificates upon collateral file upload. It tracks inventory, receivables, payables and provides data analysis and reporting as text or graphs at the client or portfolio level. Additionally, it provides loan administration capabilities including financial statement analysis, risk management, loan agreement and covenant monitoring.
Better manage your overall portfolio risk by providing a detailed analysis of BBC’s, debtor concentration and trends.