Account Linking

Introduction

Under certain circumstances, it can be useful to link loans together inside of your company account. LoanPro allows you the ability to do this, but with a caveat: linked loans work in a way similar to a many-to-one relationship. An unlimited number of loans can be linked to any one loan, but you can only link a loan to one other loan at a time. This is most easily represented visually.

The green loan in the center is solely linked to only the red loan on the left, but there are four blue loans linking to the center loan (i.e. the center loan is linked “from” the four blue loans). Each of the blue loans are linked only to the green loan, but other loans can link to the blue loans.

Linking Loan Accounts

To link two loans together, navigate to Loan Settings > Account Linking inside one of the loans you want to link.

You will see that you have options at the top of this section for “Linked To” and “Linked From.” As was stated before, you can only link "to" a single loan. To do this, select Click Here. You will now see a list of the loans that are available for linking.

Check the box to the right of the loan that you want to link. (As a reminder, you can only link "to" one loan. If you were in the “Link From” section, you would be able to link with multiple loans.) Now, you can select the linking options you want.

 The linking options are as follows:

Header Link

This adds a link to the loan header, allowing you to click to open the linked loan.

Payments (All)

All payments made on this loan will also be logged to the linked loan automatically.

Charges

All charges posted to this loan will also be posted to the linked loan automatically.

Split Payment

This gives the option to split a payment between linked loans.

Once you have selected the options you want, click 'Save'.

Once the loans have been linked, the linked loan will be displayed in the 'Linked To' section; also, the account that the loan is now linked to will display the linked from loan in the 'Linked From' section.

An account may only be linked to one loan, but an account may be linked from multiple loans.


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