Sageworks is now Abrigo.
Sageworks, Banker's Toolbox, and MainStreet Technologies are now Abrigo - giving you a single resource for your enterprise risk management needs. As a customer of Sageworks, you will continue to get the support you've always had, as well as access to new capabilities and expertise.

Accounting for Purchased Loans

Sageworks Accounting for Purchased Loans is an add-on to Sageworks ALLL and helps bankers account for loan portfolios that have been purchased through mergers and acquisitions. Institutions can complete their ALLL and accounting for purchased loans on one platform for comprehensive reporting and efficient data management. Download Product Overview

  • Reduce time and resources spent accounting for purchased loans
  • Comply with ASC 310-30 (SOP 03-3) and ASC 310-20 (FAS 91) requirements
  • Bring the accounting process in-house for a more transparent methodology
  • Generate comparison scenarios or projections for strategic and contingency planning

Request more information using the form below, and we will be in touch soon.