Applications & evaluation
Capture loan applications and the information required to review the member’s request.
Loans & credit
Manage cooperative loans from application to collection.
Keep the complete loan lifecycle connected to the member record, cashiering, accounting, permissions, approvals, and Member Portal.
CONNECTED CAPABILITY
One lifecycle from request to repayment.
Loan records stay connected as they move through evaluation, authorization, release, and servicing.
Computation & release
Handle loan computation and the approved release process using the configured product and transaction rules.
Collections & servicing
Record repayments and maintain the member’s loan position throughout the life of the account.
Member visibility
Expose relevant loan information and application capability through the Member Portal.
CONNECTED CAPABILITY
Controls without a separate approval system.
Fortunato reuses shared platform controls rather than creating isolated loan authorization logic.
Workflow & Approvals
When configured, applicable loan authorization follows the shared Workflow & Approvals engine.
Roles & permissions
Access remains controlled by Fortunato permissions and the transaction’s lifecycle state.
Accounting integration
Loan releases and collections can use the module’s configured accounting behavior.
Audit history
Important loan actions remain part of the platform’s audit trail and transaction history.
QUESTIONS & ANSWERS
What cooperatives usually ask.
Practical answers about this part of Fortunato and how it fits the wider platform.
Can members apply for a loan online?
Fortunato supports member loan application through the Member Portal, subject to the cooperative’s configured process.
Does the loan module include collections?
Yes. Loans & Credit covers servicing and collections as part of the loan lifecycle.
Can loan approvals use Workflow & Approvals?
Yes. When an applicable workflow is configured and active, it is authoritative for the controlled approval lifecycle.