Restructures

Restructures records the renegotiation of a loan's terms - rescheduling instalments, extending tenor, or refinancing - for borrowers in genuine difficulty. Restructured accounts are flagged for heightened monitoring and influence provisioning and IFRS 9 staging, since restructuring is an indicator of credit risk.

Restructures
Restructures — live screen from the BridgeERP MFI Suite.

Workflow

  1. Select the loan to be restructured and choose the restructure type.
  2. Capture revised terms: new tenor, instalment, rate or capitalised arrears.
  3. Route the restructure for approval per policy.
  4. Generate the revised amortisation schedule on approval.
  5. Flag the account as restructured for monitoring and staging.

Fields reference

Every field on this screen, drawn from the live data model.

FieldTypeRequiredDescription
Capitalised Arrears
capitalised_arrears
MoneyOutstanding balance carried over from original loan into the new principal
Original Loan
loan_id
Link → mfi.loanYesOriginal Loan
Date
restructure_date
DateYesDate
Type
restructure_type
Choice: Reschedule, Refinance, Top-UpYesType
Reason
reason
Long textYesReason
Status
state
Choice: Draft, Approved, Processed, Rejected, CancelledYesStatus
Has Message
has_message
Yes/NoHas Message
Restructured Loan
new_loan_id
Link → mfi.loanRestructured Loan
Member
member_id
Link → mfi.memberMember
Branch
branch_id
Link → mfi.branchBranch
Currency
currency_id
Link → res.currencyCurrency
Original Outstanding
original_outstanding
MoneyOriginal Outstanding
Original Arrears
original_arrears
MoneyOriginal Arrears
Original Remaining Term
original_term_remaining
NumberOriginal Remaining Term
New Amount
new_amount
MoneyNew Amount
New Rate (%)
new_interest_rate
DecimalNew Rate (%)
New Term (Months)
new_term
NumberNew Term (Months)
New First Repayment
new_first_repayment_date
DateNew First Repayment
Additional (Top-Up)
additional_amount
MoneyAdditional (Top-Up)
Notes
notes
Rich textNotes
Approved By
approved_by
Link → res.usersApproved By
Approval Date
approval_date
DateApproval Date
Company
company_id
Link → res.companyCompany

Actions & buttons

Buttons available on this screen and what they do:

  • Approve
  • Process
  • Reject
  • Cancel

Status lifecycle

Records on this screen move through these statuses:

Draft → Approved → Processed → Rejected → Cancelled

Notes & rules

  • Model: mfi.loan.restructure.
  • Types: reschedule, extend, refinance, capitalise arrears.
  • Restructured status feeds ECL staging (often Stage 2/3).
  • Regenerates mfi.loan.schedule rows.

Technical model: mfi.loan.restructure · Record: Loan Restructure

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