Client Maintenance / Client Parameters / Funding Style

Funding Style

The Funding Style page allows you to interpret how funds are sent to the Cync application. This page includes two different funding styles for the clients.

• Auto Sweeping
• Multiple Funding with Current BBC

Auto Sweeping
It is the process where a lender auto-funds a loan to a checking account.

Multiple Funding with Current BBC
It is the process where lender funds multiple times for the current BBC and Auto Archive depending on the newly approved BBC.

Navigation: Client Maintenance → Client Parameters → Funding Style

Refer to the screenshot:

To create a new fund style in the application user needs to perform these steps

• Auto Sweeping: Check this box if funding is from another source.
• Multiple Funding with Current BBC:  Check this box if multiple fundings are made for the current BBC.