Revolving limit

A short-term loan to legal persons which enables the client to incur debts within the limit of approved funds. Also used as cover for a letter of credit.
The support enables input of a revolving overdraft limit for the partner in domicile currency and with a currency clause.

In addition to functionalities for loans, software support also enables:

  • possibility of defining which products can be incorporated into the limit,
  • balance (charges) and off-balance bookkeeping (outstanding limit),
  • calculation of charges, interests,
  • depreciation of lots,
  • accrual of charges,
  • connection with the collteral module.