CapitalExpress by Capstone Banktech is an innovative, turnkey solution that allows community banks to efficiently lend against commercial accounts receivable on a full recourse basis.
This program provides your financial institution an avenue to bank small business safely and more profitably, presents a proven receivables management system, and offers greater control over funding commercial accounts receivable. This secure, web-based system allows business customers to receive cash in exchange for its accounts receivable, thereby increasing cash flow, offering more opportunity for growth and a new source of working capital.
Benefits to the Bank
Increased Fee Income: CapitalExpress creates a significant source of income for the financial institution, typically generating revenues that exceed the standard commercial line of credit. It is not uncommon for CapitalExpress portfolios to generate yields greater than 15% APR when compared to traditional prime based lines of credit.
Consistent Monitoring and Communication: Credit officers have real-time, online access to current information about collateral and trends in the borrower’s trading cycle, adjustments, payments, etc. With greater monitoring capabilities than traditional products, lenders are armed with key reports and the ability to track the progress of accounts over time. Lenders and providers know the status of their receivables 24 hours a day with online access to their account information.
Retain, Attract Small Business Customers: Be unique in your market! Offer financing for that often under tapped asset of accounts receivable. CapitalExpress gives your bank the capability to compete in a market that might not have been served before. You can now aggressively pursue businesses in new segments, businesses that may bank with competitors, and broaden your market reach.
Increase Deposits and Other Opportunities: As a business grows with greater cash flow, many new opportunities present themselves to the bank. Core deposits increase as well as other opportunities such as merchant and treasury services, equipment loans and more.
Turnkey Solution: Generate new revenue within 90 days. CapitalExpress is a turnkey accounts receivable funding solution and time to market is swift. Armed with your strategic integration plan, provided and implemented by your Capstone team, along with comprehensive training for loan officers, your bank can see new profits within 90 days.