Product management

A lending product is a financial offering by a financial institution to its clients. Typically, lending products are set up only once and are then available to qualifying clients (accounts and contacts). Product management involves creating, editing, and assigning lending products, creating investors and assigning to loan contracts, and setting up lending product features like floating rate index and loan fractionalization. A loan or line of credit contract is created against a lending product. 

The subsequent sections of this chapter explain each function of product management in detail.