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Express Loans

. . . And the software that can make them happen

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This story appears in the February 2000 issue of Entrepreneur. Subscribe »

Fast, efficient and tech- savvy, LOIS is the latest addition to the family. Ac-cording to FMAC (Franchise Mortgage Acceptance Company), LOIS should increase speed and efficiency in the company's operations, enhance customer service and connect with business partners. So who is this Wonder Woman named LOIS? It's short for Loan Origination and Information Systems, a software program developed especially for FMAC.

"Because we service a very niche commercial lending area, there was no off-the-shelf software that could support the needs we have," says Mohan Chhabra, senior vice president and director of information technology.

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