TEA 10 provides one of the most superior loan servicing modules available. The module provides complete flexibility for users to create lending products, supports all standard interest calculation methods, the ability to schedule any irregular or non-traditional financing deals, multi-fund disbursements, closing costs, disbursement schedules, syndication (participation lending), collateral and much more.
The module is tightly integrated to our transaction processing which provides seamless automation for posting advances, transactions, invoice creation, electronic funds transfer (ACH) and is the core area for those in accounting and finance.
Other key functionality includes: