Change Commitment and Term
The deal commitment amount can be increased based on the customers repayment history or decreased in the case of customer request after deal creation. It is also possible to update the tenure of a deal. The above functionalities can be achieved using the following service operations.
-
User should be able to increase the commitment amount of the existing deal arrangement.
-
User should be able to decrease the commitment amount of the existing deal arrangement
-
Deal tenure can be increased or decreased
-
Increase the commitment amount of the credit agreement (facility) with the incremental amount
-
Decrease the commitment amount of the credit agreement (facility) by the specified amount
-
Updates facility tenure by increasing or decreasing the term, in addition it allows the amendment of the availability schedule of the contract.
-
To increase the drawdown commitment for a given arrangement
-
To decrease the drawdown commitment for a given arrangement
Capture Merge or Split
You can split a facility into two or more facilities or merge two or more facilities into a single facility.
-
API for the creation and management of credit agreements for corporate customers. The types of credit agreements are single level facility, credit agreement with multiple facilities, club loans with agency and syndicated loans