LOAN MANAGEMENT
Vestio Loan Management module provides a fully integrated loan management functionality which allows loan management to be achieved in an effective and efficient manner. Allowing management of simply-structured and complex loans such as syndicated loans, loans with multiple drawdowns amounts & fixed/floating interest rates. The system allows easy tracking of all loan-related information for smooth follow-up and performs automated loan-settling operations in accordance with set repayment schedules. It also does automatic calculation of interest expenses, commitments fees, and other finance costs. Overall, it saves valuable staff time by making loan management easy.
FEATURES
FRONT OFFICE
Full Loan Lifecycle
Covering the full loan lifecycle – origination, underwriting, covenant tracking, collateral management, loan servicing and portfolio report in.
Automated Workflow
Eliminating associated manual processes as rekeying of data and duplication of efforts our loan management software reduces costs and brings inevitable efficiency.
Compliance
Ensures Industry standard for loan document compliance
Loan Payment Efficiency
Management of payments for loan installments and support for unscheduled payments (Extra – Ordinary Payments).
Multi Loan Management
Allows management of simply structured loans and complex loans such as syndicated loans with automated repayment schedules automatically based on Loan Agreement clauses.
Loan Reporting
Extensive reporting capabilities. Dynamic representation of charts according to user’s preferences, as well as generation of statistical information, graphs, calculations etc. on all data inserted.
Integrated with General Ledger
For preparation of loan transaction entries such as Drawdowns, Interest Expenses Amortization, Current Portion Amortization, Principal & Interest Payments