This topic describes the steps to initiate amendment and processing the amendment task.

Finance Amendment functionality enables the banks to modify the tenor, and reprice the interest of the outstanding finances/loans for corporate customers in the supply chain finance system. Based on your role, you can initiate the amendment of a loan on behalf of the corporate customer. The amendment request can be initiated from the Finance Amendment screen.

The Finance Amendment process involves the below steps:

• Initiate Finance Amendment
  This topic describes the systematic instruction to initiate finance amendment to modify the outstanding finances/loans for corporate customers.
• Processing Amendment Task
  This topic describes the steps to process the amendment record.