The Bank is provided with all of the private labeled backroom monitoring and servicing necessary to safely monitor and accommodate working capital lending.
BRS provides a Servicer that participates in 50% of every transaction
- Over 50 years’ experience in Working Capital Finance
- Currently managing in excess of $200 million in annual Accounts Receivable
- Less than .05 basis points historical loss experience (documented)
Risk Mitigation and Monitoring
- Underwriting, Packaging and ready for presentation to the Credit committee
- Funding Recommendations that include pricing and proposed structure
- Ongoing Customer Servicing
- Constant Collateral Monitoring
- Invoice/Payments processing
- Account Debtor credit evaluation and monitoring
- Aging Trends and Analysis
- Concentration Analysis
- Credit Insurance Analysis
- Invoice Verification
- Fraud Detection
- Dilution
- Collateral Reverse Management
Technology Partner
Cadence (now a part of ProfitStars, a Jack Henry Company)
- Over 30 Years as an industry leader in AR and ABL software
- Fully Compliant with all Banking Regulations
- Bank has unlimited access to all accounts in the portfolio
- Real-time reports for oversight of risk mitigation activities by BRS Servicer and maintenance of bank’s credit file
- Aging reports
- Trends Analysis
- Concentration Analysis
- Dilution Reports
- Reverse Management
