A borrower requests an extension? kennek's loan restructuring feature

When a borrower asks for an extension, kennek's loan restructuring feature recalculates the loan without spreadsheets, keeping full credit control.

Published
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1 min read
The loan restructuring screen in kennek

✅ Restructuring loans doesn’t need to be painful! When a borrower requests an extension — whether due to unsold units, supplier delays, or short-term cashflow stress — what happens next? For most lenders, it triggers hours of manual work:

📊 endless spreadsheets 📧 messy email chains 📉 risk of errors

With kennek’s loan restructuring feature, you can transform this process: 🚀 Manage extensions with new terms, fees, or revised rates — seamlessly ✅ Eliminate Excel risk of errors with centralised, auditable data 🔍 Ensure full credit control with transparent workflows and automated repayment schedule updates

The result? Less admin. More control. Better outcomes. Your team focuses on making the right credit decisions, not wrangling spreadsheets. 📈 Protect portfolio performance 🤝 Support borrowers 🕒 Save hours on restructuring

👉 Want to see it in action? Let’s book a quick demo — we’ll show you how our complete lending software help you restructure loans in minutes, not days.

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  • Loan management
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30-minute walkthrough
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