Associating an Approval Level with a Loan Request

Use the following procedure to associate an approval level with a loan request.

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 Setting Up Approval Levels.

4. Click the Request Summary view tab.

   The Decision list at the end 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 Assigning Loan Requests (End User).

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