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Adding Collateral to a Loan Application
Adding Collateral to a Loan Application
Michael Claire avatar
Written by Michael Claire
Updated over a week ago

ADDING COLLATERAL

Collateral may be added to a loan application by first clicking `

from the navigational tab at the top of the loan information page above. The page below will be rendered. Click

to select from existing assets.

When the popup below is rendered,

click on the asset to be used as collateral to set the portion of the value of the asset to be used.

Key in the “Value to be used for this loan” in the field displayed then click

The collateral will be added to the loan as shown below,

with the option to

delete same. The available value for use for this asset will also be adjusted and displayed.

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