top of page
Tony Williams, Loan Technologist
Commercial Lending Business Model
Check Borrower
Payment Schedule
Post G/L for
Status Adjustment
-
The schedule of borrowers payments is checked to determine whether the borrower is due for a either a principal, interest, or fee payment.
-
The status of the loan and the borrower's credit standing may need to change based on the length of the time that the borrower is late on a payment.
-
The general ledger will now be posted to reflect the change in the loans status to non-accrual or charged-off as indicated. In addition, any departmental sub-ledgers will also be updated accordingly. This is ffully described in the accounting section of this model.
LIQ88
bottom of page

