Loan & Asset Management
Assessment and Approval
Step 3 - Assessment & Approval of the Loan
Assessment process can follow a traditional transaction-based method, compiling information into a loan request with transaction arguments and risk factors summarized.
Q-Lana provides analytics tools to enable a more advanced credit risk approval process driven by risk appetite.
- Credit decisions may be made by committees, individuals, or scoring methods.
- Q-Lana’s flexible access rights allow external committee members to selectively view specific approval requests.
- Monitoring of approval conditions, typically related to prerequisites for contract signing or disbursements.