News & Resources

Farm Credit Implements MicroBilt's SDK Product

Kennesaw - GA, Dec 11, 2000

A cost effective new software solution for streamlining enterprise-wide credit decisions MicroBilt Corporation announced today the successful integration of their new Software Developers Kit (SDK) with The Farm Credit Bank of Texas, a nationwide network of cooperative lending institutions. The SDK is a cost effective and highly adaptable new program for integrating consumer or commercial credit report retrieval and automated decision-making into software applications or websites. Before implementing the SDK program, Farm Credit employees had to wait several minutes to retrieve the necessary credit information, interpret cryptic reports and count multiple items before they could initiate the loan-decision process. In addition, multiple points of data entry were required to acquire the data from third party client software. Over the past several years Farm Credit had tried numerous ways to speed up their multi- credit transactions. "We tried to acquire leased lines to speed up the transactions, but they were too expensive. We talked about writing credit report parsing software, but the labor costs and maintenance would have been through the roof, " explained David Fields, senior programmer/analyst for Farm Credit. "We found the SDK to be a complete solution to these problems. We now enjoy lightning fast response time, a common report format regardless of the bureau chosen, and pre-exposed data elements via COM objects," said Fields. "We integrated the SDK into our Loan Accounting system within hours and without breaking our budget. If you are looking for the type of power and speed that the Fortune 500 have, without the price tag that traditionally comes with it, you need to check out MicroBilt's SDK product." Farm Credit, the headquarters Bank of the Tenth District of the Farm Credit System, provides credit and financial services to farmers, ranchers, and their cooperatives. They are the largest single provider of competitively priced agricultural credit in the United States. MicroBilt (www.MicroBilt.Com), formerly a First Data Corporation subsidiary, is headquartered in Kennesaw, Georgia with offices in Princeton, New Jersey, South Carolina and California. MicroBilt is a nationwide leader in credit bureau data retrieval providing credit solutions to the Financial (banking, mortgages, home equity, credit union, collections), Rental or Leasing, Health Care, Insurance, Law Enforcement, Educational (Universities, Colleges and institutions of higher learning) and Utilities (gas, electric, cellular, cable, residential phones) industries. MicroBilt services over 30,000 customers throughout the United States and Canada. For more information, contact MicroBilt Corporation, 1640 Airport Road, Suite 115, Kennesaw, GA 30144. Telephone: 1-800-884-4747. Or visit their website at www.MicroBilt.Com.