Siebel eFinance Guide > Applications > End-User Procedures >

Creating a Small Business Loan Application

To create a small business loan application, end users need to record the following customer information:

NOTE:  In a "real world" implementation of Siebel eFinance, end users would click the Next button to move between views. To create an application workflow, a Siebel administrator would need to create a workflow that follows the views described in this section. For more information, see Navigating an Application Using the Next Button and Setting Up an Application Workflow.

Adding Business Details

End users use the Business Details view to track detailed information about a business applying for a small business loan. Siebel eFinance automatically populates some of the information in this view from Companies Profile view tab. In addition to the business profile information, users use this view to capture financial information such as income statement, balance sheet and cash flow statement.

To add small business details

  1. Navigate to the Applications screen.
  2. In the Applications list, select an application.
  3. Click the Business Detail view tab.
  4. From the Show drop-down list, select the following views, and complete the necessary fields:
    • Business Profile. Records the business name, phone numbers, and addresses.
    • Assets. Captures company asset information, including cash, accounts receivable, inventory, fixed assets, and depreciation values.
    • Liabilities. Records company liabilities such as accounts payable, long term debt, noncurrent debt, capital stock, and retained earnings and treasury.
    • Income Statement. Captures income information such net sales, cost of goods sold, other income, expenses, interest, depreciation, taxes, dividends, and adjustments.
    • Cash Flow. Records cash flow statements based on customer balance sheet and income statement information.

Adding Applicant and Guarantor Information

End users use the Applicant view to record the name and address information specific to the primary, secondary, and guarantor applicants.

To add applicant information

  1. Navigate to the Applications screen.
  2. In the Applications list, select an application.
  3. Click the Applicant view tab.
  4. In the Applicant Details list, add a record for all applicants.
  5. In the Applicant Type field, select the appropriate applicant type:
    • Primary
    • Secondary
    • Guarantor
  6. Complete the necessary fields for each applicant.

Adding Applicant Information

End users use the Consumer Detail view to record information about the applicants who are applying for a loan.

To add guarantor and applicant details

  1. Navigate to the Applications screen.
  2. In the Applications list, select an application.
  3. Click the Consumer Detail view tab.
  4. From the Show drop-down list, select the following subviews:
    • Credit Information. Records credit information for all applicants.
    • Disclosure. Records disclosure information for all applicants.
    • Income Sources. Records income information about the primary and secondary applicants.
    • Financial Position. Records the current asset holding and liabilities of all applicants.
    • Real Estate. Records applicant real estate holdings.
    • Residence Information. Records residency information for all applicants.
  5. In each subview, add a record and complete the necessary fields.

Recording Unique Features and Terms

End users use the Loan Terms subview to record special features and terms about the small business loan.

To record loan features and terms

  1. Navigate to the Applications screen.
  2. In the Applications list, select an application.
  3. Click the Product Detail view tab.
  4. From the Show drop-down menu, select Loan Terms.
  5. In the Loan Terms list, select a product.
  6. In the Loan Terms form, complete the necessary fields.

 Siebel eFinance Guide 
 Published: 20 October 2003