Managing Interest Rates using AMCalc Interest Rate Entries
Perhaps one of the most useful features in the AMCalc package is the Interest Rate Entries feature. Using Interest Rate Entries, anywhere from one to a handful of users can centrally manage all of the interest rates that are needed by AMCalc users.
This post will discuss some of the best practices for creating and maintaining interest rates using the AMCalc Interest Rate Entry feature.
Lending Solutions for Nonprofits, NGOs, and Public Utilities
It’s no secret that structuring loans is a complex task. It is no wonder that organizations that are in the business of lending money have teams of loan “specialists” whose task it is to structure loan terms to meet specific goals.
But what about organizations that do lending, but whose primary mission is not financing? Non-profit organizations, non-governmental organization, and public utilities are just a few examples of organizations that lend money, but whose primarily mission is not lending money.
Automating Updates to AMCalc Loan Status on Lead Conversions
In another post we discussed how to use AMCalc Status values to differentiate between loan payment schedules associated with leads from those associated with customers. In this post I will show you a way to automatically update the status of a loan when lead records are converted to contact records.