FAIRFAX, Va. – Northern Virginia, DC, & Maryland-based community bank FVCbank recently announced their launch of the cloud-based loan monitoring software Cync. This stemmed from FVCbank’s need to provide their borrowers with the ability to view real-time account information, run reports, submit advance requests, upload invoices and more.
Cync’s cutting-edge Application Suite has been a leader when it comes to financial software solutions that cover a wide range of account receivable financing, factoring, asset-based lending and other related credit services. What motivated FVCbank to work with Cync was their ability to deliver a complete software solution for commercial finance companies as well as financial institutions that provide asset-based loans for their clients. This added to the fact that Cync’s abundance of services only enhances FVCbank’s suite of existing products makes Cync’s Application Suite a perfect fit for FVCbank.
According to IT & Business Consulting firm IT Coalition, “ITC enjoys using this new capability FVCbank offers. It has reduced processing times generating and submitting our Borrower Base Certificates. We simply download our AR Report from our accounting system and upload seamlessly in Cync” says ITC President, Greg Fitzgerald, when asked about his thoughts on the progressive new product.
FVCbank provides their customers in the Northern Virginia, Maryland, and the DC Metro Area with personal and business finance solutions, including accounts, loans and lines of credit at several convenient branches located throughout the DMV. For more information regarding FVCbank and the cloud-based loan monitoring software Cync, please visit www.fvcbank.com. Headquartered at 11325 Random Hills Road, Suite 240, Fairfax, VA 22030, FVCbank can be contacted directly at 703.436.3800.