Hello NPE,
Implementations I have seen manages the line of credit in the LOS (loan
origination system), while fineract (or other corebanking systems) is used as
the LMS (loan management system) to book each disbursed loan/drawdown. APIs
from fineract can be used to integrate both the LOS and LMS.
Line of credit is a subset of LOS. Other features in the LOS are loan
origination, workflow, assessment, approval, documentation, offer letter etc.
You can consider this approach.
Regards
Anu Omotayo
On Tuesday, April 16, 2024 at 09:18:31 PM GMT+1, It's NPE
<croskc...@gmail.com> wrote:
Hi, folks, been reading fineract documentation.
Have a few questions1. Does fineract 1.x support line of credit / revolving
loan functionality?
2. If yes, can you share code pointers or documentation.
3. If not, has anyone explored treating each drawdown on credit line as an
independent loan in fineract while maintaining limit separately.
