eWinLoan

Within the past few years, the lending market has seen explosive growth in the number of payday lenders. Their short term small loans often result in APR values in the hundreds of percent. Calculating an APR value in compliance with Regulation Z for this type of loan is far more difficult than for more typical installment loans.

Over the past couple of years, we have received numerous inquiries from payday lenders requesting assistance with the APR calculations that their loan origination systems have produced. Our team at Sherman and Associates has been able to provide that assistance through consultation and licensing of our lending software products.

... (Read on for more information)

Once Internet Information Server 7 (IIS7) has been installed on your Windows Server with support for ISAPI extensions, you are now ready to install eWinLoan.

1. Using Windows Explorer, create a directory named "ewinloan" and copy all eWinLoan files into this directory (e.g. ewinloan.dll, ewinloan.ini, data folder, etc.). The rest of the instructions will assume that this directory is C:\ewinloan.

2. Open up Internet Information Services (IIS) Manager by clicking on "Start > Administrative Tools > Internet Information Services (IIS) Manager".

   

3. In the left hand panel, right click on "Default Web Site" and click on the "Add Virtual Directory..." menu option.

   

4. The "Add Virtual Directory" form will appear. Enter "ewinloan" for the Alias, and "C:\ewinloan" for the Physical Path, then click on the "Ok" button.

   

5. In the left hand panel, select the "ewinloan" virtual directory underneath the "Default Web Site". Next, double-click on the "Handler Mappings" icon under the IIS area.

   

6. In the right hand Actions panel, click on the "Edit Feature Permissions..." link.

   

7. The "Edit Feature Permissions" form will appear. Check the box next to the "Execute" permission, and then click on the "Ok" button.

   

8. In the left hand panel, select the root node which holds the name of the computer. Next, double-click on the "ISAPI and CGI Restrictions" icon under the IIS area.

   

9. In the right hand Actions panel, click on the "Edit Feature Permissions..." link.

   

10. The "Edit ISAPI and CGI Restrictions Settings" form will appear. Check the box next to "Allow unspecified ISAPI modules", and then click on the "Ok" button.

    

11. In the left hand panel, select the "Application Pools" node. In the Middle "Application Pools" panel, select the "Default AppPool" item. In the right hand Actions panel, click on the "Advanced Settings..." link.

    

12. The "Advanced Settings" form will appear. Under the "General" section, change the "Enable 32-Bit Applications" value from "False" to "True", and then click on the "Ok" button.

    

13. Restart the web site and test ewinloan by visiting "http://localhost/ewinloan/ewinloan.dll".

Once the Windows Server 2008 R2 operating system has been successfully installed on your server hardware, make sure that all security updates and service packs are applied so that your operating system is as up to date and secure as possible.

To install the Web Server (IIS) role along with the necessary ISAPI Extention support, do the following:

1. Open the Server Manager application.

2. Under the "Roles Summary" section, click on the "Add Roles" link.

   

3. The "Add Roles" wizard will then appear. Read the "Before You Begin" page, and then click on the "Next" button.

4. Select the "Web Server (IIS)" role for installation by checking the box.

   

5. If a window appears indicating that certain features must be added to install IIS, then click on the "Add Required Features" button.

   

6. Since we are done selecting new server roles to install, click on the "Next" button.

   

7. Read the "Introduction to Web Server (IIS)" and then click on the "Next" button.

   

8. Under the "Application Development" section, select the "ISAPI Extensions" option by checking the box.

   

9. If you want this web server to support ASP.NET applications as well (not needed for eWinLoan), then select the "ASP.Net" option by checking the box as well.

10. Under the "Security" section, select the "Basic Authentication" option by checking the box.

    

11. If you wish to restrict access by IP Address or domain of originating request, then under the "Security" section, select the "IP and Domain Restrictions" option by checking the box.

12. Since we are done selecting new service for the web server (IIS), click on the "Next" button.

13. Look over the summary of what is to be installed, and if everything looks appropriate, click on the "Next" button.

    

14. The Web Server role will then be installed. When complete, click on the "Close" button.

    

15. To verify that the Web Server (IIS) is up and running correctly, launch your web browser and type "http://localhost/" into the URL bar. After pressing [Enter], you should see the following image.

    

eWinLoan is Sherman and Associates' loan calculation and quotation web application, hosted on a Windows server. In larger organizations where application deployment on the desktop can be daunting (especially when the software needs to be updated), intranet and internet applications are becoming increasingly popular. With just a single installation of our eWinLoan product on your corporate web server (supported on the Windows platform with either IIS or Apache web servers), you can provide all of your loan officers with the ability to quote loans quickly and easily from the web browser.

Because it is a web based application housed on a server, installation of the eWinLoan can be more tricky that our desktop based solution, the WinLoan-32. For this reason, we have provided the following documentation to assist our partners when installating eWinLoan. Should you have any questions, please do not hesitate to contact technical support.