Commercial Lending

The core pancredit commercial lending software supports complex, structured commercial loans, typically secured.

Dealing with business finance or commercial lending has never been so easy, as all components of a commercial loan are efficiently processed by the core pancredit software.

Each loan may be comprised of multiple components and each component may be fixed or variable interest. Components can be structured over time, with different rate margins being applied at different times. Alternatively, a loan component may be interest only for a period before reverting to capital and interest for example.

Multiple drawdowns or stage payments are provided.

Comprehensive fee processing allows fees to be automatically charged in a variety of circumstances, for example if a reminder letter or a statement is issued. Fees may be added to the loan or collected separately – either immediately by direct debit or at the end of the loan term. Memo fees can be applied, where the collection is discretionary.

For more information on Pancredit’s commercial lending software, contact us now!