Create a Subsidy Table

Fairways Debt enables you to manage subsidy tables, used to compute subsidized interests.




Navigate to the Account Administration
  1. Log in to your Fairways Debt account.
  2. Select a customer account.
  3. Click Account Administration in the application menu.


Create a Subsidy Table
  1. Navigate to Account > Account Configuration.
  2. Click Add Subsidy Tables.


  1. Complete the form with all relevant details.

Note: Both Reference Code and Description fields are mandatory.



Reference Code

Unique reference of the subsidy table. Used to identify the subsidy table in the portfolio.


Name of the subsidy table, displays in the New Subsidy Loan form.

  1. Click Add to add a year to the subsidy.
  2. Enter the subsidy and interest cap rates, if relevant.

Note: For each payment period:

  • If the interest rate is lower than or equal to the interest cap (%):
      • There is no subsidy, i.e. the subsidy interest is equal to 0.
  • If the interest rate is greater than the interest cap (%):
      • Subsidy Interest Rate = (Interest Rate - Interest Cap (%)) * Subsidy (%)
      • New Interest Rate = Interest Cap (%) + (Interest Rate - Interest Cap (%)) * (1- Subsidy (%))
      • Interest Rate = Subsidy Interest Rate + New Interest Rate
  1. Click Apply.

WARNING: You cannot delete a subsidy table, but you can edit it.


The new subsidy table displays in the list.



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