Credit Lifecycle

General Steps

1. Credit Simulation:

• Preliminary calculation of installments: Based on the interest rate, number of payments, and total credit amount.
• Generation of preliminary amortization table: Including monthly payments, interest, principal, and taxes.

2. Creation of the credit flow:

• Definition of final terms: Credit term, number of payments, interest rate, tax rate, penalties for late payments.
• Review and adjustment: Adjustment of the credit amount and possible overdraft margin according to the partner's policies.

3. Approval of the credit flow:

• Evaluation of the run: Detailed review of terms and financial calculations.
• Final approval: Confirmation and approval of the financial run by the partner.

4. Issuance of invoices:

• Invoice registration: Receipt of invoices associated with the credit flow. Each subscribed invoice generates a debt.
• Fund disbursement: Transfer of the invoiced or disbursed amount to the client.

5. Debt Generation:

• Debt registration: Transformation of the flow into debt for the final amount to be disbursed.

6. Credit Activation:

• Final disbursement: Disbursement of funds according to configuration.
• Credit activation: The credit is marked as active and ready for management.

7. Management of payments and transactions:

• Payment registration: Capture of received payments and update of the amortization table.
• Application of penalties: If there are delays in payments, the defined penalties are automatically applied.
• Application of waivers: If it is decided to waive an amount of the debt.
• Application of restructuring transactions: If it is decided to restructure the amount of the debt.