Are you spending too much time crunching numbers for your business line of credit?
Overview
LineManager® gives you and your banker easy online access to information regarding your commercial line of credit. You can access the LineManager Web site at work or at home through any computer with an Internet connection, and you can see the information on which your bank bases their lending decisions. LineManager enables your bank to efficiently monitor your account while you make the most of the collateral in your borrowing base and make better business decisions.
Clients
LineManager is suited for these clients (new or existing):
Credit lines supported by accounts receivable and/or inventory
Borrowers seeking an increase or renewal in their line of credit
Any commercial line where the bank needs to track the value of collateral assets
Benefits
Convenience
Instead of gathering paper and crunching your own numbers, LineManager automates the process of sending collateral data to the bank. In addition, you'll no longer spend days preparing paperwork for a loan review because the data is already available in LineManager.
Better business management
Anytime access to information about your line of credit enables you to make the most of the collateral in your borrowing base, and thus make better business decisions.
Stronger banking relationship
LineManager enhances your relationship with your bank by opening new lines of communication. Because you can see the same information the bank uses to make decisions, LineManager keeps you and your bank "on the same page" regarding your business's performance and financial needs.
Superior customer service
Trained and experienced Implementation Specialists walk you through the initial phases of transmitting files for LineManager. Ongoing technical and customer support are available by toll free phone and through e-mail.
Current financial information is sent from your accounting system
Web-based application is available from any PC with Internet access
Borrowing base screen provides your complete collateral detail
Messaging system between bank, borrower and Support Services allows file attachments
Online reports are available to lenders and borrowers
Current financial information
Lenders can review trends and make decisions with the confidence of using fresh information, and you can take full advantage of your borrowing power.
Web-based and secure
Aside from a PC with Internet access, there is no special hardware or software needed to use LineManager. You can log in from any PC at the office or at home. LineManager is accessed at a secure Web site that uses both SSL (Secure Socket Layer) encryption and authentication (authorizing users by name and password).
Borrowing base detail
The borrowing base lists your collateral components (A/R, Inventory, and Other Assets), based on line parameters specified by your credit officer. A new borrowing base is created (automatically calculated) when you or your bank submits a collateral change or the bank updates your loan balance.
Messaging
You can communicate with your bank and Goldleaf Support Services using LineManager's electronic messaging feature, which allows file attachments.
Online reports
You and your bank have real time access to online reports, which may be saved/viewed in Adobe® PDF or exported to Microsoft® Excel.
