Is Solutions Plus Software right for your business?

Solutions Plus Software is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a Solutions Plus Software demo, technical support, product or pricing information or to simply to compare Solutions Plus Software with competitive options? Quickly get answers and the information you need.

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The Loan System offered by FAS is by far one of the most extensive packages on the market today. This application, designed around a system manager, runs on almost all types of operating systems, will effectively and efficiently handle up to 16 million loans, and incorporates from one to an unlimited number of users.

The base system is designed to handle standard financing; however, multiple custom options allow the package to be tailored to accommodate needs ranging from creative financing, construction loans, mortgages, agricultural, commercial, installment, student, and lease/loans. Many of these features cannot be found on software packages costing a quarter of a million dollars.

The Loan Service System is by far our largest package. The ability to effectively handle all loan transactions are inclusive in the base system with 12 different transaction types, and over 100 reports available. One-time entry of customer information is permitted, and can then be tied to multiple loans. Customers may be sorted by class and type. Loan information may be sorted by class, type, and loan officer, with the class being tied to general ledger accounts for interfaced postings. Partial payments are handled with ease with the ability to define what will be satisfied first (i.e. Interest, late charges, principal, escrow). Any item not satisfied will be carried over and will reflect in reporting. Past due notices may be generated at any time, with global late charges or individual rates for each loan class. Past due reports can be produced using any date window.

Reports may be sorted using date ranges, class, type, or loan officer where applicable. The Loan Service System is very flexible, it works well as a Loan Charge-Off System also. Any configuration for the system may be used considering the following options:

Available Options

  • 1098 Production & Electronic Media for IRS
  • 1099 Production & Electronic Media for IRS
  • Payment Coupon Maker (In base system at no charge)
  • Amortization (In base system at no charge)
  • Escrow Accounting (4 accounts per loan)
  • ARM (adjustable rate mortgage)
  • Prime Rate (10 tables)
  • Pre-Computed Interest Module w/R78 Rebate
  • Participation
  • Economic Development Analysis
  • General Ledger Interface
  • Calendar for Irregular Payments
  • Report Writer or Client Server

Other Applications

The following applications are designed to work hand-in-hand with Loan Service System:

"Loan Service System" is part of the Solutions Plus Software line of products, developed by F.A.S. - Financial Accounting Systems.