Lease and Loan Types supported include:

- Direct Finance Lease

- Conditional Sale Lease

- Operating / True Lease

- Interim Funding

- Leverage

- Brokered / Indirect

- Balloon Notes

- Amortized Term Loans

- Interest-only and Principal-only Loans

- Principal-plus Loans
 

Establish lending limits or group credit under facilities, credit lines, or master leases.  If borrowing limits are established, the system will enforce them in real-time during booking.
 

Earnings calculations can be done on effective yield, straight-line, or simple interest methods.
 

Automatic payment calculations using payment/rate factor, money factor, or APR.
 

A full range of invoice schedules including daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, semi-annual, and annual are provided.
 

Full support for seasonal payments, skips, and step/tier payment structures, as well as variable rates with custom spreads, ceilings, floors, and payment change schedules.
 

Full support for master lease agreements with many lease-level defaults allows individual leases to be booked with minimal input. A single customer can have an unlimited number of master lease agreements.
 

A complete financial history is maintained for all leases, and one-step reversal processing is supported.
 

A complete audit trail is maintained throughout the System which includes a user ID and timestamp record of all changes.