Create a loan
The °neo platform supports the creation, distribution, and maintenance of a various types of loans, including unsecured loans, secured loans, and revolving credit.
The creation of new loans in the system requires you to first set up loan product templates in the Configuration portal which define the standard properties of the product such as currency, whether it is secured or unsecured, fee rates, payment and penalty properties, and interest properties. More information can be found on this under the Configure a loan template section.
Updated over 1 year ago