To specify the setup parameters for a participant, query that participant and then select
|Principal Cap||This field allows you to specify a principal cap for the participant. If the principal cap is reached, no further principal may be added to this particular participant. If all participants have reached their cap, and the principal is advanced on the loan, that principal will remain in the PRIMARY participant, or a new participant may be added to the loan.|
|Disable Flow to Shadow Loans||Allows a participated loan to be set up where only certain participants flow to pools attached shadow loans.|
|Use Interest Setup of Loan||If this checkbox is selected, the interest rate setup for the loan will be automatically applied to the participant.|
|Allow Interest Subsidization||Interest subsidization is used in cases where a lender loans money at an interest rate higher than the rate that is charged to the borrower, and the remaining interest is paid by a subsidizing participant.|
|Subsidization Cap||This field allows you to specify a subsidization cap for the participant. Once that cap is reached, no more subsidized interest will be charged to that particular participant.|
|Allow Interest Add-On||Interest add-on is used in cases where a lender loans money at an interest rate lower than the interest that is charged to the borrower, and interest for the loan servicing agent is added on to the loan.|
|Add-On Cap||This field allows you to specify an add-on cap for the participant. Once that cap is reached, no more add-on interest will be assigned to that particular participant.|
|When selected, the participant will no longer be an active participant of the participation loan and will not appear in the transaction entry.
This option is available only when the payoff for the participant is zero.
This option is not available for the primary participant.