Seattle, WA – December 19, 2000 – To enable finance brokers to facilitate lease financing transactions more efficiently through their own desktop, Capital Stream, Inc. today announced the release of CapitalStream Advantage. Advantage is the latest improvement of its System 1, Version 2.5 desktop software, acknowledged by the equipment finance industry as the tool of choice for managing lease financing. Advantage is tightly integrated with CapitalStream.com, the e-commerce solution for the business finance industry, and allows brokers to receive and process credit requests right from the Advantage desktop. Advantage allows customers to extend their business via the Internet – safely, securely, and reliably.
With its new 32-bit architecture and Microsoft Access 2000 database, Advantage increases speed and flexibility while saving time and money. It provides instant, in-depth views of every stage in the lease finance process and eliminates the costly and time-consuming hassles associated with re-typing information gathered throughout the customer lifecycle. Advantage users can free up time to increase both sales and service their customers.
Advantage incorporates user-friendly functions from the previous version, including the ability to organize and track the entire lease origination process from start to finish. New document management functionality allows brokers to seamlessly create, modify, and distribute letters, quotes, contracts and other documents online. Advantage users can also submit electronic credit applications to online funding sources and instantly offer finance programs to current or future customers when they link Advantage's desktop functionality with CapitalStream.com.
According to CapitalStream's President and CEO, Stephen Campbell, "Advantage offers the dual appeal of efficiency and convenience. Companies using Advantage can boost sales by automating the lease origination process, thus freeing up many hours previously spent on time-consuming, labor intensive tasks."
Advantage offers more than 50 predefined report formats, data import templates, customer and lease information on a single screen, automated UCC filing, call and task management, additional documentation management and full Web interoperability with financial supply chain partners via CapitalStream.com.
About CapitalStream
Seattle-based CapitalStream provides hosted e-commerce solutions for commercial financing. CapitalStream gives finance partners the power to automate and control the commercial finance process from transaction origination to documentation via our e-finance platform. The company's private-labeled solution, CapitalStream.com, provides the infrastructure that enables finance companies and manufacturers to create tailored finance programs, build credit workflow, retrieve credit scores and content, and offer financing at the point of sale. CapitalStream has been an established industry leader for over five years, and has helped several hundred financial organizations increase their competitiveness, customer service and profitability. For more information, just visit their web site at www.capitalstream.com.
For additional information, contact:
Steve Kelly
Parker LePla
206-625-1541
stevek@parkerlepla.com
Jennifer Fox
CapitalStream
206-548-1651
jenniferf@capitalstream.com
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