Create a Collateral

A collateral in Fairways Debt is a property or an asset that a borrower offers to ensure a loan guarantee for the lender.

 

Prerequisites

 

Navigate to the Debt & Derivatives Application
  1. Log in to your Fairways Debt account, e.g. https://login.financeactive.com/eu, and select a customer account, if relevant.

In this example, we log in to the Main City account.

  1. Navigate to Applications Applications.png > Debt & Derivatives.

Dashboard_EN.png

 

Create a Collateral
  1. Click the relevant guarantee to open its profile.

Portfolio_EN.png

  1. Navigate to Collaterals.
  2. Click New Collateral.

Collaterals_EN.png

  1. Complete the form with all relevant details.

Note: Fields marked with an asterisk * are mandatory.

Field

Description

Collateral Type

Category of the collateral.

Collateral Name

Reference of the collateral.

Nominal Value

Nominal value of the collateral.

Market Value

Market value of the collateral.

Currency

Currency of the collateral.

Characteristics_EN.png

Field

Description

Options

Collateral First Revision Date

Date at which the collateral value should be revised the first time.

 

Collateral Revision Frequency

The frequency of the collateral revision.

Weekly

Monthly

Quarterly

Triannually

Biannually

Annually

IMM Dates

CollateralFirstRevisionDate_EN.png

  1. Click Apply.

Collateral_Create_EN.png

The collateral is created.

Collateral_Created_EN.png

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