January 16, 2015

RETAIL Collateral Processing

RETAIL Collateral Processing

The online real-time Collateral Processing capabilities within the retail system are comprehensive and flexible. RETAIL Collateral Processing tracking can be established on direct or indirect loans within the institution’s lending environment to track the following items:

  • Negotiable or non-negotiable collateral guaranteeing direct or indirect borrowings such as:
    • Stocks
    • Bonds
    • Accounts Receivable
    • Savings Instruments (Savings Accounts, Money Market Accounts)
    • Equipment (personal vehicles, mobile homes, and RVs)
    • Real Estate
    • Trust Agreements
    • UCC Filings
    • Others
  • Cosigners/comakers, guarantors, and endorsers
  • Associated customers (no legal tie)
  • Prior liens
  • Related/other debt ties
  • Ticklers/reminders for such items as insurance, UCC filings
  • Insurance policies (key person life insurance)