Managing Collateral

If your operation deals with secured loans, a back-office user with the “Collateral management” permission can manage, evaluate, and re-evaluate collateral assets in the dedicated Collateral workplace.

All of that can be done from the Collateral Workplace:

As always, on the left, you have the section with all relevant loan applications. They can be filtered by: date, branch, credit product or valuation type. Valuation types are explained in the Upd_Evaluating and Re-evaluating Collaterals

The section on the right provides all the necessary data to evaluate the selected loan application.

Here you can:

Add new collateral assets to the application
Add information collection in your contacts with the borrowe
Send the application for reprocessing
Cancel the loan
Reject the loan application

For more details please see the following articles: