SolifiSecure Finance’s Global Fintech Software Partner, Solifi Asset-Based Lending (ABL) SaaS (Software-as-a-Service) Solution on Open Finance Platform, Now Passes $1 Billion for Lenders Worldwide announced that it supports loans. Additionally, as lenders and borrowers recognize the benefits of Solifi’s easy-to-use self-service tools that are available 24/7, Solifi’s user traffic for his ABL Borrower Portal has grown to 4 in less than a year. doubled.
Solifi Chief Product Officer (CPO) Bill Noel said: “We celebrate these milestones with our customers who have put their trust in Solifi to deliver the mission-critical systems that run their businesses. We are deeply appreciative of ABL’s partnerships with our customers, who are driving forward-thinking innovation.”
As ABL financial institutions move their business operations to the cloud and adopt a SaaS-first strategy, Solifi provides secure ABL solutions for loan management, credit monitoring, risk management, portfolio analysis, and borrower portals. This feature provides:
- Self-service – Borrowers have access to credit lines and financial information so they can manage their accounts on demand 24/7.
- System Flexibility – Reduce manual work for team members by consolidating functionality into a single platform
- Data Analytics – Provides data visualization of customer performance to understand borrower health in real-time and historical trend analysis