A facility agreement in Fairways Debt is an envelope involving different tranches subject to specific legal conditions (standard loans), which can be shared among pools of different lenders and borrowers. Third parties are not necessarily involved in all tranches. This type of financing transaction is widely used in the real estate sector.
Tranches can be easily aggregated into facility agreements either from the portfolio or the calendar or when running a report.
Aggregate Tranches into Facility Agreements from the Portfolio
- Log in to your Fairways Debt account.
- Select a customer account.
- Navigate to Applications > Debt & Derivatives.
- Click Aggregation and select Aggregate Tranches into Facility Agreements.
- Click Apply.
Aggregate Tranches into Facility Agreements from the Calendar Application
- Log in to your Fairways Debt account.
- Select a customer account.
- Navigate to Applications > Calendar.
- Click Aggregation and select Aggregate Tranches into Facility Agreements.
- Click OK.
Aggregate Tranches into Facility Agreements from the Analysis & Reporting Application
- Log in to your Fairways Debt account.
- Select a customer account.
- Navigate to Applications > Analysis & Reporting.
- Click Aggregation and select Aggregate Tranches into Facility Agreements.
- Click Apply.
