Introduction

The Repayment section in Company Settings allows administrators to customize how payments are processed, tracked, and applied across loans. It includes configurations for both investor disbursements and borrower payment handling, influencing how funds flow between parties and how irregular or missed payments are treated.

Navigating to the Repayment Section

This section controls how the system manages bounced payments, interest accrual, and repayment automation. Admins can configure how partial payments are applied, whether to retry failed PADs, and how amortization schedules adjust after NSFs or deferrals. These choices affect how loan balances evolve and how payments are applied over time.

This section controls how the system manages bounced payments, interest accrual, This setting defines how and when investors are paid in relation to borrower payments. Admins can apply a global rule or allow loan-by-loan control. Options include always paying investors regardless of borrower status, always withholding unless paid, or enabling case-by-case decisions. This helps balance lender cash flow with investor expectations.

FAQs

What is the difference between reducing vs. keeping the loan facility in a partial paydown?

Reducing the facility lowers the total loan balance, while keeping it maintains the loan limit but reduces the outstanding amount.

What happens if interest is charged on the total balance?

Interest will accrue not only on the principal but also on any unpaid interest, fees, or reserves—this may increase repayment costs.

How do I know which investor payment option is best?

Choose based on your risk tolerance and cash flow strategy. Withholding payments reduces risk, while always paying ensures investor consistency.

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