A 'loan' that has been granted for a certain period where the capital remains outstanding over the whole period and is intended to be paid back in full.
A 'Clean Loan' can be created anytime, regardless of an associated parent contract.
If the Loan is in connection with an LC/ Collection or document set, the application will ensure that the extent of the Loan does not exceed the amount available under the main contract.
The fields 'Finance type', 'Type of risk' and the checkbox 'Recourse' default to meaningful values, but the user can change these manually as required, depending on the context.
When you have made your changes, click on the ( ) Save function to save all the the data entered in the transaction to the database.