2.1.4 Identifying Affairs
When you look at the Oracle FLEXCUBE, any services otherwise scheme that you want to offer so you can consumers can be described as a product or service. Including, the lender is generally stepping into financing plans with other financing banking companies, to help you disburse applications since the a beneficial syndicate. It facility regarding disbursing syndicated fund can be described as good tool.
Heading next, your lender could be giving credit customers finance compliment of any tranche of a great syndication bargain structure. So you’re able to remember, an excellent tranche is a funnel by which a borrowing consumer you are going to get the requisite loan given that a blow down. Which facility that you want to offer for the people, of choosing finance using a beneficial tranche’ sleeve of the syndicate contract, could also be recognized as a good tranche unit.
Defining activities simplifies work out-of disbursing syndicated fund. Usually, you would need to indicate the second facts about a beneficial tranche unit each time you processes a suck down under brand new tranche:
- The preferences regarding interest relevant
- The fresh commission dates
- The fresh new liquidation times for ICCF elements
You can establish something using the needs in the list above. Every time you get into a blow down under the product into Oracle FLEXCUBE, they shall be instantly placed on they, and you also need not specify him or her afresh.
- The main syndication unit. It peak establishes a strategy having capturing facts for everybody syndication deals.
- New tranche and you may draw down peak situations. Which top makes you take info for everyone tranches under an effective syndication deal, as well as the draw lows under for every single tranche.