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Regulators now expect provable, data-backed compliance. Here is how a purpose-built loan management system helps you deliver it. Australia’s private credit sector has spent a decade in growth mode. It has now met a regulator that has run out of patience. ASIC has told the industry that multiple enforcement investigations are under way, that poor private credit practices are a 2026 enforcement priority, and that participants should prepare for action.[1][2][3] For lenders, the

Loan Sphere are happy to release the latest changes to our Realtime project: Real time Fee Schedules for Drawdowns Our latest release introduces the real-time creation of fee schedules for fees with an event of On First Drawdown or For All Drawdowns. Fee schedules are now generated immediately when a qualifying drawdown is processed, eliminating the need for a scheduled batch run. How does this work? When a Bank Reconciliation or Manual Transaction processes a drawdown, the s

It is with great excitement that Loan Sphere announces an advancement to our repayment schedule generation process. After some time in development and testing, we are excited to provide our customers with real-time scheduled repayment calculations for additional repayment types – All Interest + N% of Capital and Interest Only (Actual Days). During this revision, we have also added in additional triggers to key loan fields utilised as part of the setup process, which will s

In the latest update to our continuing real-time project, we are excited to announce that Bulk Repayments have now been included in the real-time repayments process. What does this mean? It’s means that utilising the Bulk System Generated Repayments button will process the bulk repayments in a matter of minutes instead of relying on the batch system to update multiple repayments over what could potentially be a number of system runs (potentially, hours). Utilising the Bulk Re

The latest update in the Agrolending Real-time Balances project sees the introduction of cash payments for Rental/ Lease type loans into the fold. Specific rules that apply to Rental/ Lease loans surrounding Services Tax/ GST being deducted from the repayment amount are now being applied in real time to loans where the Record Type is Rental/Lease. In the example below users are able to see that the Total Repaid amount on this repayment is the pre Tax amount, as the GST is aut

In line with our plans to move to real time, Agrolending are pleased to announce that two new repayment types have been added in to our real time capabilities: Final Repayments Interest Only Repayment with a PAST due date Final Repayments: With the introduction of Final Repayments into real -time users will now have the ability to repay a final repayment as soon as the funds are available via the bank statement. To do so, simply reconcile the bank statement to the Final Repay

As a continuation of our real-time progress and to address one of our most common support concerns, Agrolending are thrilled to advise of the introduction of real-time Client Margin allocation. What is Client Margin allocation? A client margin is when one of your customers over pays a repayment (i.e. repayment amount = $100, amount paid = $120, overpayment amount = $20). The $20 over payment needs to be put somewhere, so we provide you options as to what to do with this spa

In the latest update to the real-time balances project, we are pleased to introduce real-time refinance. What is real-time refinance you ask? Real time refinance allows customers to use the refinance button to either refinance individual loans (clone refinance) or refinance multiple loans from the same Facility into one loan (merge refinance). How does it work? To utilise real-time refinance customers use the Refinance button and select whether they will be cloning (eithe

After a slight pause in development of our real time balances program (to allow for some other new and very exciting features to be brought to life – keep your eyes peeled), Agrolending are thrilled to announce the latest change to our real time schedule – real time quoting! Real time quoting allows customers the ability to request a quote for items such as final repayments (to pay out the loan) and provides this information within seconds upon approval of the repayment.

Agrolending are happy to be able to release to customers the two latest updates to the real-time repayments project. Release 1.6 has now been rolled out and includes some very exciting introductions: Real-time scheduled repayments Real-time cash repayments If you are unfamiliar with the real-time balances project we suggest that you begin by reviewing the previous release documents here. Release Summary Scheduled Repayments Formerly, customers would need to wait for

Further to the progress already made in the real-time repayments project, Release 1.5 is now available to those customers currently utilising the real-time balances system. Users who are only just becoming aware of this project are requested to view previous release information found here. Release Summary Release 1.5 sees the introduction of the following features: Drawdown Updates (updates to Bank Reconciliations) Sale of Collateral Repayment Types: Sale of Collateral (Borro

Continuing on with our efforts to bring real-time balances to fruition, we have now released the next stage of development to selected customers. Release Summary Release 1.4 will see the introduction of drawdowns into the real time balances program. Introducing drawdowns will have a number of advantages for both customers and the back end of our system. Processing drawdowns at the start of the loan will immediately produce the following data: Populate the loan start date

Real-time processing of Capital & Cash Repayments

Real-time processing of Capital Repayments

Introduction into Real-time processing and how we intend to roll this out to select customers.