Consumer Loan Servicing
RETAIL is a comprehensive loan servicing application that sets the standard in the consumer finance space. Shaw Systems' solutions have been the choice of North America's top banking and finance companies, including a vast number of auto finance leaders.
Consumer Loan Servicing
- Multiple Loan Products
- Loans and Lines of Credit
- Extensive Auto Finance Experience
- Direct/Indirect, Floor Plan, and Securitization
- Insurance, Escrow, and Reporting
Consumer finance organizations can obtain business faster and at a lower cost with Shaw Systems' consumer loan servicing solution. Expanding customer relationships with competitive offerings, while managing risk, increases our clients’ competitive advantage. Our customer-centric enterprise suite of products can enhance every consumer loan servicing process and generate new opportunities.
RETAIL supports a myriad of consumer loan products with integrated features to automate processes and navigate the dynamic and competitive landscape. RETAIL supports consumer loans, lines of credit, home equity, dealer/indirect, floor plan, commitments, securitization, and insurance/products. All consumer loan accrual methods are supported, and new products can be created quickly.
RETAIL Highlights
- Centralized Customer and Account Data
- Reduced Software Maintenance Costs
- Automated Interfacing of Customers/Accounts
- Cross-sell/Up-sell Products
- Unlimited Fee Income Tools
- Enhanced ACH Processing
- Tools for Leveraging the Web
- Dealer/Indirect Processing
- Private Label Processing/Card Access
- Lines of Credit
- Escrow Accounting
- Securitization
- Insurance Processing
- Credit Bureau Reporting
- General Ledger Integration
- Multiple Interest Rate Structures
- Wholesale Floor Plan Lending
- Dealer Floorplan Web Portal
- Enterprise Hierarchies and Reporting
- Non-Prime Lending
- Charge-Off Processing
- Real-time Full Backdating