The steps below will show you how to increase the loan amount on a previously boarded a payment account and disburse the additional funds. The new amount added will then be available to disburse in the Payments > Transactions menu. If there is a transaction posted before the effective date you want to disburse additional funds, then you will need to remove the transaction.

1. Go to the Payment > Loan Details menu of the payment account.
2. Enter in the new total loan amount in Amount Financed field. For example: The original loan amount was $61,100.00. There was a loan modification to increase the loan amount by $3,900.00. You would enter $65,000.00.
3. Click Save
4. Go to Payment > Transactions menu and click +Add
5. Select Disbursement: Principal
6. Enter Effective Date
7. Enter amount desiring to disburse (the amount available should match the amount you increased Amount Financed by)
8. Click Save