How Vendor or Store User can create and manage a new loan

Owned by Nataliia Nenasheva
Last updated: Jul 18, 2022
2 min read

Both, Vendor and Store Users can create, manage and monitor loans.

Create a New Loan Application

  1. Go to the “Origination” workplace

  2. Click the “+New application” button

  3. New application form will appear. Define all the loan and customer details. The list of required details depends on the account and product settings.

  4. For Vendor Users, the Vendor will be defined automatically and all of the Vendor’s stores will be available for selection.
    For Store Users, both the Vendor and the Store will be defined.

Manage New Loan Application

Once a loan application has been created, the user, subject to their permissions can:

  • Unassign/Reassign the application: (“Assignment officer” permission enabled”

  • Cancel the application

  • Send the application for approval

  • Along wit that, until the application has been set for approval, they can use the tabs of the application form to manage details of the application.