Seagull Technology Inc. and Wells Fargo Bank have activated a Web-based workflow system to support commercial real estate loan processing.

The interactive Real Estate Information Management Service, or RIMS, offers secure Internet access for vendors and bank personnel involved in commercial property loan approvals.

"The loan approval process for banks currently involves a blizzard of paperwork generated by the numerous specialized internal and external processes and inspections involved," said Joseph Miller, vice president of Seagull Technology.

With RIMS, all information is tracked and distributed from a central data base.

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