BankPoint tracks loan-level covenants and raises alerts for covenant exceptions, bringing them to the forefront and allowing your team members to sleep easy. Define covenant-level review periods to ensure timely updates of covenant compliance, and generate detailed actionable reports for quick and easy remediation.
Features include:
- Covenant dashboard
- Customizable covenant types at the system level
- Current and historical covenant types at the loan level
- Current and historical covenant reviews with approval workflow
- Covenant exception reports