Solifi ABL Delivers $1 Billion Loan Balance on SaaS Platform

Lender and borrower usage of the ABL Portal has quadrupled over the past year, validating the benefits of a 24/7 self-service tool

Minneapolis, Minnesota, USA, November 8, 2022 /EIN Presswire.com/ — November 8, 2022 SolifiSecure Finance’s global fintech software partner™ has announced that its Solifi Asset-Based Lending (ABL) SaaS (software as a service) solution on its open finance platform supports over $1 billion in loans for lenders worldwide announced that it is 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 one platform.
• Data Analytics – Provides data visualization of customer performance, real-time insight into borrower health, and historical trend analysis.

Contact us to learn more about our secure and scalable ABL SaaS-based solutions on Solifi’s open finance platform that improve your customer experience, improve your risk management capabilities and streamline your ABL financial business operations. Stay up to date on new asset-based lending software features and other secure financial product releases by joining the Solifi LinkedIn community.

About Solifi
Solifi is the world’s leading organization providing a strong financial technology infrastructure to equipment, working capital, wholesale and auto finance companies. At Solifi, we believe that commerce is as powerful as the systems that run it. Our mission is to reinvent financial technology by bringing together proven solutions in a single, powerful technology platform designed to help you protect and grow your business. We protect your company with accuracy and reliability, combining powerful technology with proven expertise to set you up for success and unlock your business potential to help you grow. For more information, see: www.solifi.com.

Michelle Lansdowne
Solifi
+1 6128513200
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