Participation Module

$30.00

Creates participation loans from multiple loan sources

Disburse funds from multiple loan programs; define separate terms for each participation loan; issue a single bill to the borrower that reflects the master participation loan; override set terms and payment allocations when necessary

Tracks repayments to multiple funding sources

Apportion repayments to each participating loan fund; monitor the performance of the master loan account and participating loan funds

Produces reports

Create transaction reports by subloan and by master participation loan

Creates participation loans from multiple loan sources

Disburse funds from multiple loan programs; define separate terms for each participation loan; issue a single bill to the borrower that reflects the master participation loan; override set terms and payment allocations when necessary

Tracks repayments to multiple funding sources

Apportion repayments to each participating loan fund; monitor the performance of the master loan account and participating loan funds

Produces reports

Create transaction reports by subloan and by master participation loan