Covenants in Fairways Debt are agreements specifying actions and thresholds that the borrower must perform and respect. Covenants protect lenders when borrowers do not meet their requirements.
Metrics define the measurements to meet in a covenant. You can apply platform metrics to any accounts in the platform, whereas you can only apply account metrics to a specific account.
- Only administrators can create account metrics.
- Only Finance Active administrators can create platform metrics.
Contact your Finance Active consultant to:
Navigate to the Account Metrics
- Log in to your Fairways Debt account and select a customer account, if relevant.
- Navigate Applications > Account Administration.
- Click Account > Account Metrics.
In this example, we log in to the Main City account.
Import a Metric Package to an Account
- Click Settings > Import Metrics.
- Select a metric package.
- Click Apply.
Metrics included in the imported package display in the Metrics section.