PALBONLendingCore operations · Loan Origination & ServicingPALBONLending manages loans from application and sanction through disbursement, interest, repayment and closure. Loan records post to the same books as the rest of PALBONSphere, with security, overdue tracking and restructuring built in.
Capabilities
Define the loans you offer once, then take applications against them for customers and employees.
Follow each loan through its life: money out, schedule, interest and money back.
Record what backs a secured loan, value it, and see when the cover falls short.
Keep a day-by-day view of what is overdue, classify it, and restructure a loan when the terms must change.
Handle the money around the loan: fees, co-lending partners and the corrections that follow.
A loans workspace with the figures and reports a credit team looks at first.
Outcomes
Each stage is its own record linked to the loan, so the history of a loan can be read in order.
Pledged securities, their prices and any shortfall sit beside the loan they back.
Loan accounts are set on the product, and loans carry accounting dimensions like the rest of PALBONSphere.
Connected
PALBONLending shares its data with the other products, so nothing is entered twice.
FAQ
Term loans and demand loans, secured or unsecured. Whether a product is a term loan is a setting on the loan product.
Yes. Securities are pledged against a loan and valued at their latest price after the haircut, and a shortfall is recorded when the cover drops.
PALBONLending is an optional application. Set it up on a test site first and have your finance team check your products, interest and postings before you lend for real.
Tell us how you work today. We will walk you through the products that fit, on your data and your terms.
