Here you can select to payout a loan. Select the expected payout date and if needed, the program will give you a warning that there may be repayments, fees and interest due before the payout date. To make sure, please click on the Payout Statement button to obtain a statement before proceeding and closing the loan. A backdated payout may result in an incorrect balance if transactions are present after the payout date.
Once you are ready to proceed with the payout and closing of the loan, please click on the green Process Payout button.