Collateral Management_1

Owned by TurnKey Lender
Last updated: Jul 30, 2024
2 min read

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 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: