Project Description

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Wells Fargo Foothill

Building a Stronger Business with ACL

Wells Fargo Foothill is a commercial finance company headquartered in Santa Monica, California. The company develops individualized loan structures for a variety of businesses, based on equity such as accounts receivable assets, real estate holdings, recurring revenues, and other non-traditional collateral forms. Wells Fargo Foothill uses ACL data analytics technology to standardize customer files and conduct comprehensive, scheduled testing on all borrower data.

Using ACL software, Wells Fargo Foothill has shortened audit times, eliminated issues related to data compatibility, and significantly reduced its lending risks in a highly competitive financial services industry.

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