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Loan Servicing Software For Revolving Credit - Equity Lines

Servicing Commercial Lines Of Credit

Revolving credit lines can be lucrative revenue generators or financial management fiascoes. OPEN$LINE eliminates the downside by handling the complicated calculations associated with these loans, making interest accruals effortless.

OPEN$LINE puts you in complete control of home equity lines, credit cards, commercial lines of credit and revolving credit accounts. It warns you of delinquent accounts, greatly increasing your company's collection results. OPEN$LINE makes managing your loan portfolio remarkably easy.

This module calculates individual repayment schedules, late charges and periodic renewal fees for each borrower. In addition, each borrower can be assigned a credit limit, which can be adjusted during the life of the contract.

Each borrower receives a detailed monthly billing statement. OPEN$LINE automatically updates customer files and allows for payoff quotations when answering inquiries.

Software Features

Experience a free, personalized loan servicing software demonstration over the Internet.

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