With Loan Volumes At An All Time High, Nations Lending and SWBC Mortgage Rely on Advantage Systems’ AMBfx Module for Better Financial Reporting

▤ Summary

“Low mortgage interest rates continue to fuel a surge in refinance activity amid the coronavirus pandemic, resulting in record-breaking loan volume for lenders,” according to Forbes. According to Laurie Petrich, Controller at Nations Lending, “We’ve had a huge increase in loan volume and activity – up almost 150 percent – and are thankful to work with a system that continues to grow with our company. Elaine Ratcliff, Vice President of Finance and Operations Controller at SWBC Mortgage, added, “The team at Advantage Systems continually adds new enhancements and security features all while keeping the software user-friendly. The AMBfx module has allowed our team to create custom-built reports for all of our branches – directly pulling in data from AMB to make tracking branch activity easier – significantly cutting down manual processes and helping with our month-end close process.” Additionally, using AMBfx, reporting packages and board presentations are easily tailored to display the necessary data that supports each specific clients’ individual business strategy and growth plans. A process that used to take over four hours can now be done by updating the month’s criteria in a click of a button.” “Although today’s environment remains uncertain, we are happy to provide consistency to our users, enabling their day-to-day operations to continue without major interruption,” said Brian Lynch, President of Advantage Systems.

▦ Linked Companies

Advantage Systems, Inc.

$1M to $5M