Seritus - CoS®
Seritus - CRM®
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IT Systems’ Role in the New Commercial Financing Competitive Marketplace.
World Leasing News - Written By: Charles Lyles
The financial strain placed on the overall economy has increased pressure on financing companies to find more efficient ways of processing their business while maintaining a high level of support for their partners and customers alike. Governmental oversight has only added to the pressure businesses face today. Competition has increased which has led to the the commoditization of standard lease / loan product offerings thus lowering profit margins. Companies need
"Our out of the box thinking gives us a competitive advantage and we were looking for a solution that could adapt with us. We offer most types of financing structures, from leases (FMV, Trac, 1st Amendment and Finance) to SBA7A and 504 loans as well as purchase loan and lease portfolios, and support vendor financing. The Seritus solution aligns with our current and future strategic growth plans due to its flexible and configurable workflow driven architecture."
-- Gary McBride, Executive Vice President - Continental Bank
"...after evaluating systems over the last few years, we believed integrating our industry knowledge and procedural processes in with the right solution would enable our company to grow while continuing to service our customers and partners in an efficient manner."
-- Dave Kordell, President - River Valley Capital Corporation
"We have been successful over the years and believed that the time was right to invest in a proven solution that would enable our company to process our business more efficiently today, while preparing us for growth in the future, as the economy turns around."
-- Dave Pote, President - RP Capital Corporation
"The Seritus product suite has been key to significantly growing Flagship Credit Service's business while keeping our overall costs down. Our ability to effectively communicate with our vendors / dealers / brokers alike via the Seritus - CoS has been invaluable."
-- Tom Payne, Managing Director - Commercial Finance Division
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