TEA 10 now provides the ability to create and manage Financing Projects. A Financing Project allows organizations to create single or multiple financing instruments (loans, grants) under a single entity. This method provides a new tier in the process for managing loans or grants and the purpose is to provide a central point to manage Financing Projects and core metrics related to the project.
For example, an organization may approach you to develop a facility or housing project that requires multiple phases of financing and different financing instruments for project completion. Typically, each financial instrument would have a separate record (loan, grant, etc.) and they would be associated to the borrower. Though each loan is directly associated to the borrower, this method does not allow for a project entity or for the centralization of project information. Each loan provided captures specific metrics and data regarding the impact of that loan but no cumulative data is rolled up at a project level. In some cases this can cause duplication in recording social metrics and outcomes. For example, if you provided a term loan and a line of credit for an individual project, which investment is responsible for creating jobs or leveraging funds? You could potentially split between the two investments but that becomes confusing and creates data integrity issues. Financing Projects solve this problem by allowing you to record those metrics in one place regardless of how many financing instruments exist for the project.
With the addition of this module or view in TEA 10, you can create a financing instrument and then associate it to a specific project. Financing Projects are not mandatory, so based on the nature of your organization and lending activities, you can use this feature optionally. If your organization requires the tracking of outcomes and outputs you will need to implement Financing Projects into your process.

As outlined above, the Financing Projects module boasts most features that all the core modules have in TEA 10. This includes the ability to create Activities (Tasks/Appointments), Activity Logs (Time Allocation/Activity Outcomes), Notes, Attachments, Groups, User Defined Fields (240) in addition to tracking multiple addresses, Jobs (Created/Retained), Leveraged Funds, Incurred Expenses and Use of Funds.