The Business Banker Loan Origination Software: Optimizing Credit Granting standard
In the banking sector, the process of granting credit is essential. Business Banker has developed a rigorous decision workflow that is both easy to use and to configure to manage this critical aspect, effectively evaluating credit applications, minimizing financial risks, and ensuring fail-safe regulatory compliance. Foundations of the Decision Workflow: Client Information:The process begins by categorizing clients (individuals, SMEs, large enterprises, financing entities, cooperatives), with each segment requiring a tailored approach strategy. Integrating the client into our systems necessitates identity authentication and the collection of specific information through a comprehensive KYC (Know Your Customer) process. Financing Request:Tailored to the client’s specifics, the request includes: Credit facilities, Collateral securities, Disbursement terms, Obligations to be met. Specific Risk Model: Each client segment ...
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