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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:
- Business Details. Records the business name, address, and contact information as well as asset information, liabilities, income statements, and cash flow. For more information, see Adding Business Details.
- Applicant Information. Captures personal information about the primary, secondary, and principle loan applicants. For more information, see Adding Applicant and Guarantor Information.
- Guarantor and Applicant Employment Details. Captures loan guarantor information and applicant employment, income, assets, and liabilities information. For more information, see Adding Applicant Information.
- Unique Product Features and Terms. Records unique loan features or terms. For more information, see Recording Unique Features and Terms.
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.
- Navigate to the Applications screen.
- In the Applications list, select an application.
- Click the Business Detail view tab.
- 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.
- Navigate to the Applications screen.
- In the Applications list, select an application.
- Click the Applicant view tab.
- In the Applicant Details list, add a record for all applicants.
- In the Applicant Type field, select the appropriate applicant type:
- 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
- Navigate to the Applications screen.
- In the Applications list, select an application.
- Click the Consumer Detail view tab.
- 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.
- 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.
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Siebel eFinance Guide Published: 20 October 2003 |