Credit Facility Management

The Credit Facility Management module can be set up to manage credit on a per transaction basis, by groups of transactions, as credit-lines, or through a combination of the aforementioned. The module can handle a wide range of automation from no-touch processes where the only intervention is the input of an online application to more subjective pre-screening processes where application-specific information (such as credit enhancement documents and the review of lessee financials) might be required. Over time, with the accumulation of critical credit data and customer-performance data, stratified by industry segment, type of credit, common customer characteristics, etc., the Credit Facility Management functionality mines data to support the pricing and approval process.

Credit facility management

• Configure credit approvals on a credit line basis
  • Configure expiry dates
  • Approve multiple credit lines for each customer, drawn down by each transaction
  • Ability to track multiple credit lines (amounts, dates, etc.), calculate availability and total exposure across a single or related customers
• Set credit parameters by different variables
  • Overall dollar limits
  • Dollar limits by asset classification (hard assets vs. soft assets)
  • Dollar limits by asset type (types are user-defined)
  • Configuration or specific mix of types of assets, including roll-over assets
  • Notify designated users when parameters are reached and/or exceeded

Data-mining for informed decision making

• Continuously build customer data from credit reports and customer performance data
• Stratify data by various criteria for analysis
• Identify relationships and correlations between certain variables
• Fine-tune credit and pricing decisions on an ongoing data based on data analysis