You always need to choose the financing product while creating new loan calculation. It is possible to set up parameters of financing product according to your requirements.

The advantage of setting up financial product is that it serves as a template for the most common loan parameters and simplifies the process. The default values set in the financial product are automatically entered to the template.

Below is attached video, which describes the whole process of creating financing product. In the video, you will also find out, which fields is necessary to fill in.

In the screenshots below you can see three basic steps, through which you create financing product:

Step n. 1

In the picture you can see, how to set up financing product.

At first you have to click on Financing products.

Step n. 2

In the second step click on New.

Step n. 3

After previous step, you will see Financing Product Card. This template is designed to fill in the important data to creating financing products.

This template consists of 5 sheets:

• General

• No. Series

• Calculations Parameters

• Financing Indicators

• Financing Product Rates