Fairways Debt enables you to associate collaterals and guarantees. Create collateral types to sort and create collaterals.
Note: Only account administrators can create collateral types.
Navigate to the Account Administration Application
- Log in to your Fairways Debt account and select a customer account, if relevant.
In this example, we log in to the Main City account.
- Navigate to Applications
> Account Administration.
Create a Collateral Type
- Click Account > Account Configuration.
- Click Add Collateral Type.
- Complete the form with all relevant details.
Note: Fields marked with an asterisk * are mandatory.
| Field | Description |
|---|---|
| Code |
Unique reference of the collateral. Note: Once you have created the collateral, you can no longer edit its code. |
| Name | Name of the collateral. |
- Click Apply.
The new collateral displays in the list...
... you can now create collaterals associated with guarantees.