7.1 Approval - Approval

Detailed information about the Approval data segment in Appetite Management Approval stage.

In this page, the facilities for which limit has been proposed in the Deal Structure stage are displayed. You can review each facility and take any of the following actions based on requirement: Approve, Reject, and Send Back.

Note:

In this chapter, only procedure to Approve, Reject, Send Back the facility is provided.

For information on managing Collateral, referInitiation - Collateral

For information on managing Covenants, and Terms and Conditions, refer Deal Structure chapter.

Figure 7-3 Approval - Approval

Add, Edit and Delete Options for Approval
  1. To approve a facility, select the facility and click Approval the Approve icon.
    The Approve Facility window is displayed.

    Figure 7-4 Approve Facility

    Overall Comments for Approve Facility

    For information on fields in the Approve Facility screen, refer the below table.

    Table 7-1 Approve Facility

    Fields Description
    Approved Amount Specify the Approved Amount.
    Comments Post the approval Comments.
    Approve Click Approve.
  2. To send back the facility to previous stage for modification, select the facility and click more info the Send Facility Back for More Info icon.
    The Send Facility Back window is displayed.

    Figure 7-5 Send Facility Back for More Info

    Overall Comments of Send Facility Back for More Info

    For information on fields in the Send Facility Back for More Info screen, refer the below table.

    Table 7-2 Send Facility Back for More Info

    Fields Description
    Comments Type the necessary comments for requesting additional information in Comments box.
    Post Click Post. Comment is posted below the Comments box.
    Required More Info Click Required More Info
  3. To reject a facility, select the facility and click Reject the Reject icon.
    The Reject Facility window is displayed.

    Figure 7-6 Reject Facility

    Oveall Comments for Reject Facility

    For information on fields in the Reject Facility screen, refer the below table.

    Table 7-3 Reject Facility

    Fields Description
    Comments Type the rejection comments in the Comments box.
    Post Click Post. Comment is posted below the Comments box.
    Reject Click Reject.
  4. After performing necessary actions in the Approval page, click Next.
    The Covenants screen is displayed.