The Small Business Administration (SBA) CAPLine program is the umbrella program under which the SBA helps small businesses meet their short-term and cyclical working-capital needs.

 

Ftrans provides SBA lenders with an accounts receivable monitoring and service platform for the following CAPLine programs:

 

• Standard Asset-Based Line ($2,000,000 maximum loan)

CAPLines require collateral monitoring subject to routine borrowing base certificate calculations, invoice verification, financial statement submission and analyis, and other requirements.  

 

As a third party servicer, Ftrans helps banks obtain SBA CAPLine compliance: 

• Collateral Monitoring – Your customers submit their invoices (account receivables) through the Ftrans system for visibility into aging, collections, and ineligibles.
• Borrowing Base Certificates -  Ftrans calculates daily borrowing base certificates.   Ftrans implements the banks credit policies and guidelines such as advance rates on A/R by account debtor credit quality, industry concentration, etc.  
• Control of Funds - The bank has control of funds through a managed lockbox.  All parties retain visibility into payment reconciliations and collections.
• Financial Statement Management –   Ftrans provides a tool for the bank's clients to electronically submit financial statements.   The bank is provided with an easy to use system for reviewing, spreading, and monitoring their customer's financial statements.    

Ftrans is a web-based, web-based (SaaS) program that requires no software installation at financial institutions or their clients.    Learn how Ftrans works for banks.