1.2.1 Functional Features

This topic provides the information about the various functional features added in this release.

Component wise Waive and Capitalize options in the manual payment screen

This enhancement supports the waiving or capitalizing a part or full due amount, for any component (Interest or Principal) on any day during the lifecycle of the loan.

Ability to capture Prepayment Penalty and Preferences

The Prepayment preferences, including Penalty Amount, Penalty Rate, and Schedule Processing options (FIFO, LIFO, Prorata) have been introduced on the payment screen for manual liquidation during the prepayment process.

Ability to link an existing Collateral Pool to Loan Application

Linkage of Facility and collateral has been enhanced to link an existing Collateral Pool to a Bilateral Loan or Syndication Drawdown, along with capturing additional details.