Savvy lenders know it’s important to perfect their interests in assets AND to manage lien perfection over time.
Even as external regulatory pressure and internal corporate expectations increase, Lien Solutions knows that technologies, process improvement and the right service provider can keep you ahead. Our web-based tool iLien uses automation to replace many of the traditional manual processes that so often lead to errors, oversights and the need to repeat steps. iLien combines automated monitoring, reporting, and UCC continuations into a single lien management solution. As a result, you can be more confident maintaining the vital perfection of your liens.
Making sure you know what has happened, is happening or will happen to the liens in your portfolio is essential. iLien’s robust monitoring solution eliminates surprises by constantly checking the status of liens and alerting you to changes that could compromise your position. Alerts can be triggered by debtor name changes, mergers, dissolutions, and more.
When managing many liens, it’s essential to stay on top of the status across your portfolio. With iLien’s reporting functionality, you’re able to maintain visibility into your portfolio and gain clarity on what needs to happen next. Reports can provide you with important insights about the costs, efficiency and quality of your lien operation.
Lien Auto Continuation
As you track the status of your liens and develop a deeper understanding of your portfolio, it’s important to ensure that nothing falls through the cracks. A cornerstone of our iLien capabilities, our Auto Continuation solution automatically keeps track of liens approaching their termination dates and files the continuations needed to maintain perfection.
Staying ahead of change
For decades, Lien Solutions has helped lenders not only to perfect their assets but to manage and maintain the perfection of their portfolios over time. We address the changing events and circumstances that impact the protections that have been put in place. As the pace of change accelerates, lien management is being reshaped by a whole range of factors all at once.
Raising the bar in lien management
The world of finance is changing in real time. While disruption has been at work in retail banking for quite a while, we’re increasingly seeing fundamental shifts in commercial lending operations as well. iLien is at the forefront of meeting new customer and corporate expectations. From how operations are coordinated to how due diligence is performed and risk is managed, we’re using technology to redefine what is possible.
The power of being holistic
We are at a watershed moment that goes beyond one-off advances. Lien Solutions believes that what’s required now– is a new approach that is holistic, real-time and highly proactive. Lien Solutions has long helped lenders not only attain perfection of their interests but maintain protections over time. We believe that by taking a 360° approach to lien management, companies can get closer to the goal of 100% confidence in lending.
Harnessing change to reduce risk
Even as external regulatory pressure and internal corporate expectations increase, Lien Solutions knows that technologies, process improvement and the right service provider can keep you ahead. We can help you be more efficient and faster, while also being more accurate and thorough than ever before. Automation can replace manual processes can lead to errors, oversights and the need to repeat steps.
Keep track of the status of your liens, and the status of your borrowers and their activities. Learn sooner rather than later what has to happen to make sure that you stay perfected in every case.
Reporting & Analytics
When managing a portfolio of liens, it’s essential to see the big picture and the many individual details. With customized reporting, we provide regular visibility across your portfolio. By applying our lien analytics, you can better understand potential issues and identify how to fix them.
As you track and maintain your portfolio, one of the best ways to stay abreast of change is to automate wherever possible – for example, by making sure expiring liens are continued with Auto Continuation.