Accounts Receivable Portfolio Management

As a commercial lender, you may experience times when a customer needs a loan or line of credit for working capital, but the only collateral is accounts receivable. If your institution does not typically make accounts receivable loans but would like to in some instances, Exchange Capital Corporation can help.

Through our Accounts Receivable Portfolio Management (ARPM) program, we provide receivables analysis, processing, monitoring, and reporting. You receive all the information necessary to satisfy the loan committee and get the loan approved, and you have access to collateral status reports any time. In addition, we’re doing much of the work so you don’t have to increase overhead.

As you can see, Exchange Capital’s ARPM program can facilitate your institution making a loan against a customer’s accounts receivable. Some specific services the program provides include:

1. Invoice Verification. Each of your customers’ accounts is analyzed for creditworthiness, and all invoices can be verified, authenticated, and acknowledged in writing by the account.
2. Monitoring Collateral. We developed a customized database used to track and monitor accounts receivable collateral in an extremely detailed and efficient manner.
3. Reporting. At any frequency, whether daily, weekly, or monthly, we provide you with very precise aging and status reports. You can view data in numerous ways, including graphically, to give a clear picture of the health and condition of your collateral - the customer’s accounts receivable.

The ARPM program is customized specifically for your institution so that you receive the desired data and information in your choice of format and timing. We want you to be comfortable, and we will sit down with you and design reports that meet your specific needs.

To sum things up, Exchange Capital wants to partner with you and add to the types of financing that your bank offers to customers. We’ll take care of the behind the scene chores while you focus on the bottom line: satisfying customers and making good loans.