8.1 Approval

Detailed information about the Approval stage in the Collateral Evaluation process.

In this stage, the Credit Approver or the user authorized to edit the Approval task must review the collateral details along with the Legal Opinion from legal department, Risk Evaluation details, Valuation details, and Reviewer's recommendation, and make necessary decision to approve or reject the Collateral.

The following data segments are available in the Approval stage.

• Summary
• Collateral Review
• Comments

• Summary
  Information about the Summary data segment in the Approval stage.
• Collateral Review
  Information about the Collateral Review data segment in the Approval stage.
• Comments
  Information about the Comments data segment in the Approval stage.