Commercial Loans (General)
This workflow template illustrates the origination, underwriting and approval/denial of commercial loan applications. Purchase and download this template in PDF, Visio (VSD) and PowerPoint (PPT) formats. You can customize it to fit your own organization, or simply use it to better understand the Commercial Loans (General) process.
Related KPIs : Commercial Loans Closed per Commercial Loan Processing Employee, Commercial Loans Outstanding per Commercial Loan Officer, Cycle Time: Commercial Loan Decision, Unit Cost: Commercial Loan Application
What is Commercial Loans (General)?
The Commercial Loans (General) process involves the origination, underwriting and approval/denial of commercial loan applications. This process includes loan renewal documentation review (if necessary), loan application review (if necessary), customer needs assessment, credit analysis and final approval or denial of the loan based on the borrower's credit-worthiness. Ensure that all rejection decisions are communicated with the customers. Commercial loans are mainly given to businesses, corporations and other non-individual customers.
Download a Sample Commercial Loans (General)
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