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

Written by Herve Lagache | Nov 5, 2025 1:41:35 PM

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

πŸ“Š endless spreadsheets
πŸ“§ messy email chains
πŸ“‰ risk of errors

With kennek’s loan restructuring feature, you can transform this process:
πŸš€ Manage extensions with new terms, fees, or revised rates β€” seamlessly
βœ… Eliminate Excel risk of errors with centralised, auditable data
πŸ” 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.
πŸ“ˆ Protect portfolio performance
🀝 Support borrowers
πŸ•’ Save hours on restructuring

πŸ‘‰ Want to see it in action?
Let’s book a quick demo β€” we’ll show you how our complete lending software help you restructure loans in minutes, not days.