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What is AssetReader?

Pioneering the industry, the tool designed for determining ineligible amounts pertaining to accounts receivable and inventory is not only straightforward to set up but also easy to manage over time. It streamlines the calculation of less favorable collateral for the Borrowing Base Certificate (BBC) while also summarizing sales, cash, and general ledger activities during audits and field examinations. AssetReader emerges as the premier solution for electronic file analysis and calculations specifically crafted for Asset Based Lending. Whether you need to produce a concise one-page overview or an extensive document spanning 10,000 pages, AssetReader adeptly imports data from widely accepted formats and quickly computes ineligible collateral, essential statistics, summaries, and other relevant ABL data without necessitating programming skills from its users. Featuring a user-friendly wizard interface, it employs machine learning to simplify various processes, allowing AssetReader users to handle almost any file format—be it fixed length, parsed, Excel, or PDF—in approximately five minutes, a significant reduction from the hours usually needed. This remarkable efficiency not only boosts productivity but also empowers the ABL community to concentrate on strategic decision-making rather than laborious calculations, leading to more informed and timely financial choices. Ultimately, AssetReader is poised to redefine how professionals in the field approach asset management and lending practices.

What is APX Lending?

APX Lending is a financial service provider that focuses on crypto-backed loans, enabling clients to use their Bitcoin and Ethereum as collateral to access funds without having to liquidate their holdings. The institution provides both personal and business loans that come with appealing conditions, including interest rates beginning at 12.99%, loan-to-value (LTV) ratios reaching up to 60%, and repayment terms that can range from 3 to 60 months. With a strong emphasis on security and regulatory compliance, APX Lending ensures that collateral is kept in cold storage wallets that are insured, and it adheres to the regulations set forth by authorities such as FINTRAC in Canada and FinCEN in the United States. Furthermore, the platform is built for efficiency, allowing most clients to obtain their funds within a 24-hour timeframe, making it an attractive option for those in need of quick liquidity. This combination of accessibility and security sets APX Lending apart in the competitive landscape of crypto lending.

Media

Media

Integrations Supported

Integrations Supported

Bitcoin
Ethereum

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

10,000 CAD
Minimum loan amounts are 10,000 CAD or 10,000 USDC in Canada and 25,000 USDC in the US. Maximum loan size depends on collateral value, with loan-to-value ratios up to 60 percent. Terms range from 3 to 60 months with no origination or management fees.

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

FinSoft

Date Founded

1996

Company Location

United States

Company Website

www.finsoft.net

Company Facts

Organization Name

APX Lending

Date Founded

2023

Company Location

Canada

Company Website

www.apxlending.com

Categories and Features

Data Extraction

Document Extraction

Categories and Features

Crypto Lending (DeFi)

Not specified

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