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RETAIL - Line of Credit and Fixed-Term Loan Option Overview
RETAIL has sophisticated features for the Line of Credit and Home Equity business.  Some of the nation's largest home equity lenders use our solution.  Shaw Systems provides account management automation for streamlining accruals, payments, fees, billing, and a multitude of customer service functions.

The Fixed-Term Loan Option (Umbrella Line) is a revolving Line of Credit which the customer may use to obtain fixed-term loans as well as standard draws against the current available balance.
 

Line Of Credit Features

Revolving/Non-Revolving
Secured or Unsecured
Variable Rate Options with Tiers
Flexible Billing Methods
Insurance
User-Defined Fees
Umbrella Lines
Securitization
ATM Interface
Automatic Line Review
Dispute Processing
Hold Funds
Disbursement Controls
 

Fixed-Term Loan Option Features

Consolidated Statement
Single Payment Processing for Multiple Loans
Available Amount Updated on Payment
Insurance
Client Database

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