4.2.3 Net Outstanding Amt
Oracle Lending calculates and displays the net outstanding amount here, based on the commitment available. This commitment is dependent on revolving and non revolving type.
Example
Current value for revolving commitment is calculated as follows:
Current value for non-revolving commitment is calculated as follows:
| Revolving | Contract Amount | Commitment Outstanding | Commitment Available | Commitment Net Outstanding Amt field in contract online screen |
|---|---|---|---|---|
| Commitment 1 | 100,000 | 0 | 100,000 | 100,000 |
| Loan1 -- INIT | 10,000 | 10,000 | 90,000 | 100,000 |
| Loan2 -- INIT | 9,000 | 19,000 | 81,000 | 100,000 |
| Loan1 -- LIQD | 4,000 | 15,000 | 85,000 | 100,000 |
| Non Revolving | Contract Amount | Commitment Outstanding | Commitment Available | Commitment Net Outstanding Amt field in contract online screen |
|---|---|---|---|---|
| Commitment 2 | 100,000 | 0 | 100,000 | 100,000 |
| Loan1 -- INIT | 10,000 | 10,000 | 90,000 | 100,000 |
| Loan2 -- INIT | 9,000 | 19,000 | 81,000 | 100,000 |
| Loan1 -- LIQD | 4,000 | 15,000 | 81,000 | 96,000 |
Parent topic: Loan Disbursement Details