1 Corporate Lending

This topic describes the overview of Corporate Lending features supported in Oracle Banking Digital Experience application.

Corporate organizations often need to borrow money to meet their funding requirements, typically to invest in infrastructure, expand business operations at various locations, upgrade to the latest plant and machinery, acquire other assets, maintain inventory, or to increase working capital. Most corporates consider borrowing a business loan from financial institutions as a convenient option because of its flexibility and affordability. Oracle Banking Digital Experience provides a platform by which banks can offer their corporate customers an enriching online banking experience in servicing their existing loans accounts.

Corporates can manage their banking requirements efficiently and effectively through the Oracle Banking Digital Experience self-service channels. The corporate lending module offers a consolidated and easy to understand view of the customer’s business loans position with an option to check the detailed view of each loan account. Customers can also view the information of upcoming and overdue loan installments and the detailed loan account activity.

The quick and hassle-free online loan repayment option allows the corporate user to initiate payments using the Digital Banking Platform.

Features Supported In Application:
  • Initiation of a Loan Drawdown Request (For more details, refer to the Oracle Banking Digital Experience Corporate Lending Origination user guide)
  • Summary of Loan Drawdown Applications
  • Loan Accounts Overview
  • Loan Accounts Summary, Details and Account Activity
  • Loan Repayment – Partial and Full repayments
  • Repayment Schedule Inquiry
  • Disbursement Inquiry
  • Loan Installment Calculator
  • Eligibility Calculator
  • Loan Application Tracker
  • Loans Maturing
  • Installments Due (upcoming and overdue)
  • Group Customer Information File simulation and migration
  • Loan Repayment Simulation
  • Swift Messages
  • Advices
  • Loan Rollover (For more details, refer to the Oracle Banking Digital Experience Corporate Lending Origination user guide)
  • Trade Loan Drawdown (For more details, refer to the Oracle Banking Digital Experience Corporate Lending Origination user guide)
  • Bulk File Upload (For more details, refer to the Oracle Banking Digital Experience Bulk File Upload – Corporate Lending user guide)
  • Multiple Loan Repayment

Note:

As part of Customer 360, the dashboard for corporate users can be configured based on Party IDs in addition to the existing Role/Module/User configurations. This allows a dashboard configured for a specific party to be accessible for users under that party uniquely. For more information on configuration details, refer to the Oracle Banking Digital Experience Core user guide.
Pre-requisites:
  • Party preference must be maintained
  • Group Corporate (GCIF) must be maintained
  • Corporate users must be created
  • Transaction access must be provided to the user
  • Approval rule must be set up for the corporate user to perform required actions
  • Transaction working window must be maintained
  • Transaction limits must be assigned to the user to perform transactions

Mobile Capability:

The following screens are supported on mobile devices only for bilateral loan contracts.
  • Disbursement Inquiry
  • Loan Repayment
  • Schedule Inquiry
  • Loan Installment Payment
  • Loan Details
  • Dashboard - Loans Overview
  • Dashboard - Loan Accounts Summary
  • Dashboard - Installment Summary
  • Dashboard - Loan Installment Calculator
  • Dashboard - Loan Eligibility Calculator
Dashboard - Loans Maturing:
  • View Transactions
  • Loan Repayment Simulation
  • Swift Messages
  • Advices
  • Multiple Loan Repayment