CreditPath™ addresses the needs for equipment finance through comprehensive portfolio management tools to sophisticated program and vendor management solutions.
CreditPath for Equipment Finance reduces costs and improves operational efficiencies through the use of robust workflow, reporting, and business rule capabilities. Lenders can manage residuals and yields in a central environment to help ensure that every deal is profitable. D+H works closely with clients to customize solutions that are fully configurable – making it easy to adapt to market, product, and regulatory changes as they arise.
Pre-integration to D+H’s own registry services solutions, along with UCC for U.S. filings, helps facilitate lien perfection and closing activities. CreditPath for Equipment Finance accommodates and supports your regulatory and compliance requirements with features such as:
- Flags/triggers/event conditions to initiate file activity
- Real-time or systematic reporting of specific deal, customer or adjudication events and decisions
- Tools to manage against watch lists and third-party verification services
- Adherence to credit policies through a highly configurable credit rules engine, work routing, and queuing services
The CreditPath Equipment Finance solution supports the full array of equipment finance services, including products and programs for small-ticket, mid-ticket, and large-ticket financing, as well as vendor programs and direct programs.