F.A.S.B

Are Your FASB Labor Calculations and Processing Procedures Up-To-Date?

If the answer is “Yes”, you should be seeing your annual payroll expenses

 reduced by as much as:$328,200

  The above example is based on the follow loan origination's

                                              Loans Per                   Reduction in         

 Loan Type                 Month/Year               Payroll Expense's   

Personal Loans              30/360                             $72,000          

Auto Loans                15/180                           $58,500  

Home Equity             15/180                           $76,500    

Residential Mortgages          10/120                            $78,000                      

Commercial  Loans                 4/48                             $43,200                 

Total payroll expense reduction     $ 328,200

If your FASB labor calculations and processing are not up to date, consider bringing in SBorgerson Consulting for a 1-Day FASB Consultation.  

This consultation will likely pay for itself in as fast as 30 days. 

To learn more contact Steve Borgerson at 617-609-9747 or 

email by clicking the button below