Siebel Finance Guide > Managing Commercial Loans >

Creating Commercial Loan Requests (End User)

End users can create a loan request using one of the following views:

• Companies screen, Loan Request view
• Commercial Loan screen, Requests view

The Siebel Finance Commercial Loan screen provides access to commercial loan requests. The Requests list displays information about the request, such as company name, request stage, and lending information. End users can use the Commercial Loan screen to locate and update the requests that they create.

To create a commercial loan request

1. Navigate to the Commercial Loan screen.
2. In the Request list or form, add a record and complete the necessary fields.

   Some fields are described in the following table.

   Field	Description
   Name	Descriptive name to identify the request.
   Request Method	Indicates the loan request type, such as Business Loan Application or Credit Card Application.
   Request Stage	The values displayed in the Request Stage field drop-down list depend on the request type chosen in the Request Method field.
   Team	Organization's contacts that have access to the commercial loan request.

After creating a loan request, end users can begin adding the details that are used to make loan decisions. The Borrower Detail view is used to show the profile details of each borrower, such as business, location, and year established. The Borrower Detail information is automatically populated using the information in a company's profile. As a result, end users should first navigate to the Companies view and update the borrower's profile.

For more information about updating a company profile, see Managing Companies.

To add borrower details to a loan request

1. Navigate to the Commercial Loan screen.
2. In the Requests list, drill down on a commercial loan request.
3. The Borrower Detail view appears.
4. In the Request Borrower list, select a borrower to which to add details.
5. Scroll down to the Public Rating list, add a record, and complete the necessary fields.

   Some of the fields are described in the following table.

   Field	Description
   Source	Source of the ratings information such as Moodys.
   Rating	The rating level, such as AAA.
   Debt Type	Indicates whether long term or short term debt.

The Request Summary view is used to capture key credit decisions and approval stages for loan requests. This view is also used to capture decisions from credit committees.

To associate an approval level with a loan request

1. Navigate to the Commercial Loan screen.
2. In the Request list, drill down on a commercial loan request.
3. In the Request form, select the approval level to associate with the loan request in the Approval Level field.

   NOTE:  For information on setting up an approval level, see To set up the approval level for a commercial loan.

4. Click the Request Summary view tab.

   The Decision list at the bottom of the screen is populated with the stages associated with the approval level, as set up by the administrator.

5. In the Decision list, select officers for each stage, if necessary.
6. To start the loan approval process, select the record for the first approval stage in the Decision list, and click Assign.

   The Team field in the Request form displays the selected officer's name. This makes the record visible to that officer.

   NOTE:  For more information about assigning a loan, see To assign a loan request to the next credit committee officer.

The Request Summary view is also used to manage credit issues associated with a loan request.

To create or modify a credit issue for a commercial loan request

1. Navigate to the Commercial Loan screen.
2. In the Request list, drill down on a commercial loan request.
3. Click the Request Summary view tab.
4. In the Key Credit Issues list, add a record and complete the necessary fields.