finPOWER Connect Securitisation Add-On
If you fund all or part of your loan portfolio via a securitised funding line, then the Securitisation Add-On can manage the daily transaction flows:
- Loans can be "sold" to the Funder and a schedule of payments maintained based on a number of pricing models.
- Payment schedules to the Funder are generated on due dates and disbursed via Direct Credit ensuring your Funders are paid on time, every time.
- Loans can also be "bought back" and transferred between Funders where circumstances require it.
- Funder payments can be on a separate cycle and term to the Securitised Loan are independent of the Loan account repayments.
- Full reporting to your Funders is supported
The finPOWER Connect Securitisation Module is highly customizable, catering for a wide range of funding and pricing models.
NB: Prerequisite External Parties Add-On and Advanced External Parties Add-On