Leasing

Southport Financial
Commercial Equipment Financing

The $150 billion equipment finance industry is administratively detailed and paper intensive. Slow or duplicative processes, limited product development opportunities, and cumbersome systems beset the industry. Even with automation and re-engineering, companies encounter numerous document-related hindrances.

What can the Southport eOriginal ™ system do for your equipment finance business?

It can provide you the tools to lower your costs and increase your market share!

The Southport eOriginal™ system provides a low cost,low risk entry-ticket into electronic, document-based work processes, resulting in more effective and efficient communications and improved document quality:                   

Low Cost

Low Risk

Electronic, Document-
Based Work Processes

Low initial cash
outlay

Improved risk management of technology investments

Paperless process resulting in more effective  and efficient communications

Lower incremental operating costs

Flexible expansion and abandonment options

Improved documentation quality


The Southport eOriginal™ system delivers dramatic benefits of business process reengineering with both internal and external participants.

Lower costs and reduced cycle-time of both origination and
 access through parallel processing

Enables focus on core competencies and increased leverage
 of transaction partners

The Southport eOriginal system enables inter-enterprise electronic trading within a trusted environment:            

Inter-enterprise Electronic Trading

Trusted Environment

Increased financial capacity through  securitization

Guaranteed authenticity of participants and  documents

Increased new business volume and lower risk  through syndication

 


 
What benefits can the Southport eOriginal ™ system bring to your business?

Improved productivity and lower costs

Reduced cycle time--leading to increased market share and increased  vendor/dealer satisfaction

Better quality, less rework and easier document tracking--leading to  higher customer satisfaction

Increased ROA from better pricing and easier re-leasing--better record of  past transactions enables more accurate residual valuation of current  transaction

Ability to conduct secure, electronic trading with partners--leading to an  increase in portfolio capacity for more and faster syndication and  securitization.


Southport eOriginal™ Product and Service Offerings

Transaction management: secure  transaction creation and distribution; document authentication and control;  electronic commerce contract infrastructure.

Electronic vault service: permanent, secure electronic third-party storage.

Customized access: system  customization and business rule design; user access to create, submit and  retrieve documents.

Customer service: installation,  technical support and ongoing staff training.

Consulting services: e-commerce  legal advice and litigation support and business process re-engineering  services.

Network participant services: view-only  and store-only access for subscriber's external partners (e.g., vendors,  dealers) and for audit and regulatory compliance.

Trading partner network service: access to view, buy and sell transactions on a secure network; electronic  marketplace for equipment financing transactions.

 

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