What is funded loan in SAP FS-LOC-BR - Localization of Banking in Brazil?

SAP Term: funded loan

• Component: FS-LOC-BR

• Component Name: Localization of Banking in Brazil

• Description: A loan that is financed by a funding organization and in turn lent to borrowers. A funded loan comprises the following: A fund pool to manage incoming and outgoing funds Loans taken that a funding organization lends to a bank Loans given that a bank lends to borrowers

Smart SAP Assistant

• Key Concepts: 
  A funded loan is a type of loan that is provided by a financial institution to a borrower. The loan is funded by the institution, meaning that the institution provides the funds for the loan. The borrower then pays back the loan with interest over a period of time. In SAP, the FS-LOC-BR Localization of Banking in Brazil component allows for the management of funded loans in Brazil. 
  
  How to use it: 
  The FS-LOC-BR Localization of Banking in Brazil component allows users to manage funded loans in Brazil. This includes setting up and managing loan contracts, tracking payments, and managing interest rates. Additionally, users can generate reports on funded loans and view information about them. 
  
  Tips & Tricks: 
  When setting up a funded loan in SAP, it is important to ensure that all of the necessary information is entered correctly. This includes the amount of the loan, the interest rate, and the repayment schedule. Additionally, it is important to ensure that all payments are made on time in order to avoid any penalties or fees. 
  
  Related Information: 
  The FS-LOC-BR Localization of Banking in Brazil component is part of SAP’s Financial Services suite. This suite also includes components such as FS-CD Cash Management and FS-CM Credit Management. Additionally, SAP offers other components related to banking such as FS-BA Bank Analyzer and FS-TR Treasury and Risk Management.