Collateral changes between reviews
The receivables, inventory, assets, and borrowing base supporting availability can change materially from one reporting period to the next.
ASSET-BASED LENDING SOFTWARE
Asset-Based Lending Software Built Around Credit and Collateral
Connect origination, collateral analysis, financial underwriting, borrowing base and ineligibles, cash flow analysis, credit approval, and ongoing credit reviews in one configurable ABL workflow.
ONE CONNECTED ABL WORKFLOW
ABL Credit and Collateral Analysis in One Connected Workflow
Decipher is asset-based lending software that helps ABL teams connect deal intake, collateral information, receivables and payables analysis, borrowing base and ineligibles, financial spreading, credit approval, and ongoing credit reviews. It keeps collateral and credit information connected so teams can evaluate the borrower and the assets supporting the facility in the same workflow.
COLLATERAL & CREDIT ANALYSIS
ABL Decisions Depend on Both Credit Quality and Collateral Availability
Asset-based lending requires more than a traditional review of financial performance. The lender also needs to understand the quality, availability, and movement of the collateral supporting the facility. Receivables, payables, inventory, eligibility rules, concentration, ineligibles, dilution risk, borrowing base availability, and financial performance all have to stay connected to the credit file.
Eligibility determines what actually supports the facility
Not every receivable or asset is eligible, and the reasons for ineligibility have to be applied consistently and are different for each deal.
Exceptions matter as much as totals
Concentrations, aging, dilution, cross-aging, competing security interests, financial performance, and lender-defined eligibility rules can all affect borrowing-base availability.
The credit view cannot be separated from the collateral view
Financial performance, cash flow, borrower risk, and collateral quality have to be evaluated together.
The process continues after approval
ABL teams need recurring borrower information, borrowing-base updates, credit reviews, updated agings and financials, and monitoring throughout the relationship.
ABL CREDIT WORKFLOW
From Opportunity to Borrowing Base and Credit Approval
Decipher connects the information and analysis ABL teams use to evaluate the prospect, determine collateral availability, structure the credit file, approve the facility, and carry that information into ongoing reviews.
01
Capture the Opportunity
Start from the lender website, Decipher, an integrated CRM, referral source, or supported API.
02
Collect Borrower and Collateral Information
Gather applications, client information, documents, receivables, payables, inventory information, and supporting credit information.
03
Analyze Collateral
Structure AR/AP and other collateral data so the team can review aging, concentration, and the underlying asset pool.
04
Apply Eligibility and Ineligibles
Apply lender-configured eligibility rules and identify ineligible amounts and exceptions.
05
Build the Borrowing Base View
Connect eligible collateral, reserves, lender-defined adjustments, and availability in a structured borrowing-base workflow.
06
Analyze Financial Performance
Spread financial statements, business tax returns, personal financials, analyze cash flow, review bank information, and incorporate other supporting information.
07
Review and Approve
Bring collateral and financial conclusions together in the lender's configured credit workflow, credit memo, and approval process.
08
Continue Into Credit Reviews and Monitoring
Reuse the connected credit and collateral file for periodic reviews and ongoing monitoring rather than starting from scratch.
HOW DECIPHER SUPPORTS ABL TEAMS
Bring Collateral, Financial Analysis, and Credit Workflow Together
Decipher reduces the need to rebuild collateral and financial information manually every time an ABL team evaluates a deal or completes a review. Source data can be automatically structured, analyzed, and carried forward into the credit workflow so exceptions are easier to identify and document.
Turn Source Documents Into Structured Collateral Data
Ingest receivables, payables, inventory, tax returns, personal financials, and supporting documents, then use extraction and analysis to reduce manual work.
Apply Eligibility and Ineligibles Consistently
Configure rules used to identify ineligible collateral and surface exceptions for review.
Connect Financial Analysis to Collateral
Automatically bring financial spreading, cash-flow analysis, bank information, tax returns, and collateral conclusions into the same borrower credit file.
Standardize Credit Review Workflows
Use configured requirements, tasks, criteria, approvals, documents, and recurring review processes across the ABL team.
Carry the File Into Ongoing Monitoring
Continue from origination into credit reviews, updated borrower information, and monitoring workflows without rebuilding the relationship from scratch.
COLLATERAL ANALYSIS & AVAILABILITY
From Collateral Data to Borrowing Base and Credit Review
ABL teams need to see more than the total amount of receivables or inventory reported. Decipher can help structure the collateral, apply lender-defined eligibility logic, surface ineligibles and exceptions, and connect the resulting borrowing-base view to the broader credit file.
Collateral Data
AR Aging
AP Aging
Inventory Aging
→
Eligibility & Ineligibles
Aging
Concentration
Cross-aging
Lender-defined rules and exceptions
→
Borrowing Base
Eligible collateral
Reserves / adjustments
Availability view
→
Credit Review
Financial performance
Cash flow
Borrower risk
Exceptions
Credit memo automation
Approval / review workflow
CONNECTED ABL WORKFLOWS
Connect Origination and Credit to ABL Operations
Decipher can work with the systems ABL lenders already use before and after credit approval. Opportunities can start in the lender website, Salesforce, HubSpot, Decipher, or supported APIs. After approval, relevant borrower, deal, and credit information can move into downstream operations systems through supported integrations, APIs, and webhooks.
Where Deals Start
Website
Salesforce
HubSpot
Decipher
API
→
Decipher
Origination → Collateral Analysis → Financial Underwriting → Decisioning → Credit Reviews / Monitoring
Origination
Diligence
Approval
Closing
→
Downstream
ABLSoft
Other supported operations / servicing systems
APIs / webhooks
OPERATIONAL IMPACT
Spend Less Time Rebuilding the Analysis and More Time Reviewing Exceptions
When collateral data, borrowing-base logic, financial analysis, credit workflow, and recurring reviews are connected, the ABL team can focus more of its attention on the exceptions and trends that actually change the credit view.
Collateral information is easier to compare
Structured data, automated analysis, and recurring workflows make changes in the collateral pool easier to review period over period.
Ineligibles are applied more consistently
Configured rules help teams identify and document the amounts that should not support availability.
Credit and collateral conclusions stay together
Financial performance and borrower risk remain connected to the collateral supporting the facility.
Reviews start from the existing credit file
The team can carry forward prior information, requirements, and analysis instead of reconstructing the relationship each time.
CUSTOMER PERSPECTIVE
Built for Complex ABL Credit Workflows
“We needed a more efficient way to underwrite complex deals and monitor clients in one platform without everything being manual and disconnected. Decipher has helped us do just that and we use it for spreads, analysis, credit memos, credit reviews, bank account analysis and monitoring, ticklers, and more. We’re very happy with the service, the onboarding team, and the support has been outstanding.”
DECIPHER ABL WORKFLOWS
Explore the Decipher Workflows Used Across Asset-Based Lending
ABL teams can use Decipher across origination, underwriting, credit reviews, and monitoring, while connecting the credit process to downstream ABL operations.
Digital Origination
Start the borrower/deal from the lender website, CRM, Decipher, or supported API.
Underwriting
Analyze collateral, financial statements, cash flow, tax returns, bank information, and supporting documents.
Decisioning Workflows
Apply lender criteria, exceptions, scorecards, tasks, and approvals.
Monitoring & Credit Reviews
Carry updated borrower and collateral information into recurring review workflows.
FREQUENTLY ASKED QUESTIONS
Asset-Based Lending Software FAQs
Asset-based lending software helps lenders manage the information and workflows used to evaluate borrowers and the collateral supporting an ABL facility. Decipher connects origination, collateral analysis, receivables and payables, eligibility and ineligibles, borrowing-base automation, financial underwriting, credit approval, and ongoing credit reviews.
Yes. Decipher can ingest and automatically analyze receivables and payables information so collateral trends, concentrations, aging, and other relevant information can be incorporated into the ABL credit file and can be used to make better credit decisions.
Yes. Decipher can apply lender-configured eligibility rules to identify eligible collateral and support borrowing-base workflows. The lender defines the rules and remains responsible for the credit and availability decisions.
Where inventory is part of the collateral package and the required source information is available, Decipher can incorporate inventory data and analysis into the borrower's connected credit file.
Yes. Financial statements, cash-flow analysis, bank information, tax returns, and other relevant financial information can be ingested, analyzed, and incorporated alongside collateral analysis so the lender can evaluate client performance and make improved credit decisions with less risk.
Yes. The connected borrower and deal file can be carried forward into periodic credit reviews, updated document requirements, refreshed analysis, tasks, ticklers, approvals, and monitoring workflows.
Yes. Decipher can connect with ABLSoft as part of an end-to-end workflow from origination and credit through downstream ABL operations. Supported integrations, APIs, and webhooks can also be used with other systems where appropriate.
No. Decipher is designed to connect the origination, underwriting, credit, review, and monitoring process with the downstream systems used to operate the facility. It complements an existing ABL operations platform rather than requiring the lender to replace it.
SEE DECIPHER IN ACTION
See Decipher's ABL Credit Workflow in Action
We'll tailor the walkthrough to your collateral requirements, credit process, lending products, and existing technology environment.