Quick quotations in Fairways Debt enable you to simulate your loan requests.
Prerequisites
Contact your Finance Active consultant to:
At least one entity must be associated with the organization to perform a quick quotation on that entity. For further information, see Associate Entities to an Organization.
Only users allowed to manage entities can save quick quotations. For further information, see Manage Organizational Permissions for a User.
Navigate to the Quick Quotation Module
- Log in to your Fairways Debt account and select a customer account, if relevant.
- Navigate to Applications
> Debt & Derivatives > Portfolio.
- Click Quick Quotation.
In this example, we log in to the Main City account.
Simulate Quick Quotations
- Complete the form with all relevant details.
Note: Fields marked with an asterisk * are mandatory.
Field |
Description |
Options |
---|---|---|
Amount |
Amount to quote and its currency. |
|
Start Date |
Start date of the transaction. Note: This date cannot be earlier than the current date. |
|
Duration |
Duration of the transaction. |
|
Frequency of the interest payments. |
|
|
Amortization mode. Notes:
|
|
|
Frequency of the amortization payments. Notes:
|
|
|
Rate Type |
Type of the index used to calculate the rate value. Notes:
|
|
Margin (%) |
Spread or margin value in percentage. |
|
Floating Rate |
Notes:
Index used to calculate the interest and amortization. |
|
Revisable Period |
Note: This field only displays for the revisable rate type. Frequency of the interest rate adjustments. |
|
- Click Add Quotation to simultaneously simulate multiple quotations at a time, if relevant.
Note: You can simulate up to 10 quotations at a time.
- Click Apply.
The quotation results display.
# |
Description |
Options |
---|---|---|
A |
Update the current data for a new simulation. |
|
B |
Sort the results. |
|
C |
Enlarge a quotation for more detailed results. |
|
D |
Note: This field only displays for quotations with revisable rate types. Display the rates of each period. The period count is rounded up to the upper unit: Duration / Revisable Period In this example, the first quotation include 4 periods: = Duration / Revisable Period = 10 / 3 = 3,33 => 4 |
# |
Description |
---|---|
E |
Hover over data to display its accurate details. |
F |
Export the table to Excel. |