Siebel eFinance Guide > Commercial Loans > End-User Procedures >

Creating a Commercial Loan Request

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

The Siebel eFinance Commercial Loan screen provides access to commercial loan requests. The Request list displays information about the request, such as company name, sales 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. From the Show drop-down list, select My Requests.
  3. In the Request list, 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.
    Sales Method Application
    Sales method used to create the opportunity or request.
     
    Sales Stage
    The values displayed in the Stage field drop-down list depend on the request type chosen in the Sales Method field. Only those with the required administrative responsibilities, such as Siebel administrators, can set the Sales Stage and Sales Method values in the Siebel Assistant Administration screen, Sales Method view. For more information, see Applications Administration Guide.
    Team
    Organization's contacts that have access to the commercial loan request. Only the primary member of the team appears in the Team field.

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 profile of the borrower.

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

To add borrower details to a loan request

  1. Navigate to the Commercial Loan screen.
  2. From the Show drop-down list, select My Requests.
  3. In the Request list, select a commercial loan request.
  4. Click the Borrower Detail view tab.
  5. In the Request Borrower list, select a borrower to which to add details.
  6. Scroll down to the Public Rating list, add a record, and complete the necessary fields.

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. From the Show drop-down list, select My Requests.
  3. In the Request list, select a commercial loan request.
  4. In the Request form, select the approval level to associate with the loan request in the Approval Level field.

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

  5. 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.

  6. In the Decision list, select officers for each stage, if necessary.
  7. 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. From the Show drop-down list, select My Requests.
  3. In the Request list, select a commercial loan request.
  4. Click the Request Summary view tab.
  5. In the Key Credit Issues list, add a record and complete the necessary fields.

 Siebel eFinance Guide 
 Published: 20 October 2003