We gave BrokerEngine's funding position template a makeover. The new design is more user-friendly, and the workflow is faster, thanks to some new tools.
In this article, I show you two of those tools. You learn how to find a list of funding scenario options and quickly display one on the screen, a handy feature when working with clients who want to evaluate multiple scenarios.
The other tool I discuss here is managing the default funding position. You can create any number of funding scenarios, but one of them must be the default. As the client moves closer to a final decision, the default could be the preferred option, for instance. I show you how to select and assign the Default tag to any funding position.
Contents
Prerequisites
Know how to navigate the new funding position template.
Displaying a different funding position
The first step is to open a Deal card in full view mode. Go to the left-hand menu, expand the Strategy folder, and click Funding Position (new). A new window displays the Default funding position. Click a folder (e.g. Security) to review, add, or update details.
If you open a brand new deal card, the page displays a blank funding position template. In this situation, you'll need to create a funding position. Learn how here.
To display a different Funding Position, go to the top of the page, click the drop-down, and select an option.
Changing the default funding position
If you have two or more funding positions, one of them is the Default. Look for the option with the D icon.
You can assign the Default tag to a different funding position.
Selecting a new default funding position has consequences that ripple through BrokerEngine, so take care making this change.
Go to the drop-down and select a new funding position. Then click the three-dot icon and select Set as Default Loan Structure.
A confirmation popup displays. Read the message, and if you agree, click the Yes button.
BrokerEngine adds the D tag to the new default funding position.
