HOUSTON (September 9, 2009) – Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Alliance Laundry Systems LLC has selected Shaw’s COMMERCIAL and COLLECTIONS products.
Alliance Laundry needed a more flexible servicing solution to manage their loan portfolio for laundry clients ranging from coin operated, multi-housing, on-premises, and institutional. Shaw’s COMMERCIAL system met all of Alliance’s servicing requirements. COLLECTIONS will assist with customer service relationship and delinquency management.
COMMERCIAL supports a wide array of loan products with integrated features to automate processes and navigate the dynamic and competitive landscape. Commercial loan products include Corporate, Real Estate, Construction, Syndications, Participations, Letters of Credit, SBA, and Asset-Based Lending. All accrual methods are supported, and new products can be created quickly.
COLLECTIONS is a sophisticated, customer-centric collections and portfolio management solution. This full-featured product accommodates every phase of an account’s life cycle for Collections and Recovery. COLLECTIONS manages multiple product types including loans, leases, line of credit, credit cards, mortgages, DDA, NSF, and other receivables.
About Alliance Laundry Systems
Alliance Laundry Systems manufactures products under the well known brand names of Cissell, Huebsch, IPSO, Speed Queen, and UniMac. Their brands are supported by an extensive network of distributors and route operators throughout the world.