1. Finance Guide
  2. Creating a New Facility and Associate a Borrower

Creating a New Facility and Associate a Borrower

Use the following procedure to create a new facility and associate a borrower.

To create a new facility and associate a borrower

  1. Navigate to the Commercial Loan screen.

  2. In the Request list, drill down on a commercial loan request.

  3. Click the Facility Set Up view tab.

  4. In the Borrower list, select a borrower.

  5. To create a new facility for the borrower, scroll down to the Loan Facility list, add a record, and complete the necessary fields.

    Note: When an existing facility is selected, some fields in the Facility Set Up views are automatically populated using information in the Financial Account screen. Additionally, when you select an existing facility, all other information related to this facility, such as prices, fees, and covenants, is copied over to the new request.