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2016-07-15 - Draws & Repays By Percentage Of Commitment

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Previously

  • Scheduled draws and repays were represented as a fixed dollar amount.
  • This had the ability to create confusion because, when the commitment amount changed, the amount being drawn or repaid stayed the same.
    • For example: When the commitment was lowered, it could lead to the amount being drawn exceeding the commitment.

Now

  • For draws & repays you have the option to enter either:
    • Percentage of commitment
    • Dollar amount 
  • Changing the commitment amount will update the dollar amounts of the draws and repays to maintain the same percentage.

 

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