FaaSBank Overview

FaaSBank is a robust loan servicing software designed to simplify the management of financial products and streamline lending operations for financial institutions. This platform provides a comprehensive suite of tools for managing loan applications, approvals, disbursements, and repayments, ensuring that organizations can operate efficiently and remain compliant with regulatory requirements. With features such as automated workflows, customizable loan templates, and real-time reporting, FaaSBank empowers lenders to optimize their processes and enhance customer service. The software’s user-friendly interface allows staff to access critical information quickly, facilitating faster decision-making and improved responsiveness. Additionally, FaaSBank supports integration with existing financial systems, making it a versatile solution for lenders of all sizes. Ideal for banks, credit unions, and other financial institutions, FaaSBank enhances operational efficiency, reduces risks, and improves the overall customer experience in the lending process.

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Contact Details

  • Vendor Name Fern Software
  • Founded 1979
  • Location United Kingdom

Support

  • Chat Chat

Training

  • In-person In-person
  • Live Online Live Online
  • Webinar Webinar
  • Documentation Documentation

Licensing & Deployment

  • Proprietary Proprietary

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English


Industries

Banking, Financial Services, Real Estate

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FaaSBank Features

  • Arrow Icon Document Management
  • Arrow Icon Amortization Schedule
  • Arrow Icon Automatic Funds Distribution
  • Arrow Icon Investor Management
  • Arrow Icon Collateral Tracking
  • Arrow Icon Accounting
  • Arrow Icon Payment Collection
  • Arrow Icon Third-Party Integrations
  • Arrow Icon Compliance Management
  • Arrow Icon Reporting/Analytics
  • Arrow Icon Audit Trail
  • Arrow Icon Contact Management
  • Arrow Icon Data Import/Export
  • Arrow Icon Loan Portfolio Management
  • Arrow Icon PCI Compliance

FaaSBank Pricing

Pricing Type

  • Pricing Type Per User

Preferred Currency

  • GBP (£) GBP (£)

Free Trial

  • Free Trial Available

Free Version

  • NA

Payment Frequency

  • Monthly Subscription Monthly Subscription

Plans & Packages

Basic

$350 Per User

FaaSBank FAQs

FaaSBank is a robust loan servicing software designed to simplify the management of financial products and streamline lending operations for financial institutions. This platform provides a comprehensive suite of tools for managing loan applications, approvals, disbursements, and repayments, ensuring that organizations can operate efficiently and remain compliant with regulatory requirements. With features such as automated workflows, customizable loan templates, and real-time reporting, FaaSBank empowers lenders to optimize their processes and enhance customer service. The software’s user-friendly interface allows staff to access critical information quickly, facilitating faster decision-making and improved responsiveness. Additionally, FaaSBank supports integration with existing financial systems, making it a versatile solution for lenders of all sizes. Ideal for banks, credit unions, and other financial institutions, FaaSBank enhances operational efficiency, reduces risks, and improves the overall customer experience in the lending process.

  • No, FaaSBank does not offer a free version.

  • Yes, FaaSBank offers a free trial.

  • No, Credit Card details are not required for the FaaSBank trial.

  • FaaSBank offers the following pricing plans & packages:

    Basic

    $350 Per User

  • FaaSBank supports the following payment frequencies:

    • Monthly Subscription

  • No, FaaSBank does not offer an API.

  • FaaSBank offers support with the following options:
    • Chat

  • FaaSBank offers training with the following options:
    • In-person , Live Online , Webinar , Documentation

  • FaaSBank supports the following languages:
    • English

  • Following are the typical users of the FaaSBank:
    • Self-Employed , Small-Business , Midsize-Business