Edit Financing Rates
The video guides users in the ADA Platform on how to add or edit financing rates within a program, demonstrating the process of modifying existing rates, adding conditions, toggling financing on or off, and incorporating additional financing groups.
Introduction:
- The video covers the process of adding or editing financing rates within a program.
Accessing Financing Edit:
- Users are instructed to select "edit financing" to proceed with adding or modifying financing rates.Current Financing Group: - Adding a base rate (SOFR) - Adding the credit spread financing rate
Adding Conditions:
- Users have the option to add conditions to the financing rate
- Criteria can be added, and a selection of "and" or "or" will pop up for further customization.
- Conditions can be removed by using the trash can icon.
Toggling Financing On/Off:
- Financing can be toggled on or off using a switch.
Adding Additional Financing Groups:
- To include another financing group, users can click on "add group" and follow similar steps.
- The process involves specifying a name, base rate, funding spread, and any additional conditions.
User-Friendly Interface:
- The video emphasizes the simplicity of the process in adding, removing, or editing financing rates within the program.
Step-by-Step Instructions:
- Users are guided through the steps of naming the financing group, setting the base rate and funding spread, adding conditions, and toggling the financing switch.
Program Focus:
- The demonstration centers on making adjustments specifically within the program interface.
Efficient Editing:
- The video aims to provide a clear understanding of how to efficiently make changes to financing rates, enhancing the user experience within the program.
0:01 - Next up in editing a program is adding or editing the financing rates. So to do that you select edit financing.
0:10 - Here we can see we already have one financing group, which we named LIBOR plus one. The LIBOR rate you enter here, which at this time is five percent and the spread is one percent.
0:22 - You can add conditions for this specific financing rate. you want another criteria and or and. Second criteria here the which you select will pop up here.
0:36 - If you want to remove it. You hit the trash can if you wanted to turn off financing toggle the switch to off to add another group.
0:48 - You add group and you go through the similar steps the name base rate funding spread any conditions. is how you add, remove, or edit financing rates within the program
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