Agri-fintech Lending

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  1. Agri-fintech Lending
  2. Process
  3. Application to underwriting
Process · Application to underwriting

Application to underwriting

Prepare the farm request and record an independent decision against its reviewed revision.

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Step by step

  1. Check the borrower Credit Officer

    App Administrator maintains the farm identity and organization. Credit Officer checks the eligibility note and active account ownership before starting the request. Resolve a mistaken borrower or provider account before preparing amounts.

    • Establish the farm and account scope
    • Updates Borrowers, Organizations, Team members, Loan accounts

  2. Prepare application Credit Officer

    Credit Officer records the requested principal and application revision in Draft, attaches supporting documents and checks the debit and credit account entries. Move the prepared case to Review only when the reviewer can understand the amount and its evidence.

    • Prepare Draft and request Review
    • Updates Loan applications, Instruction accounts, Record attachments

  3. Approve underwriting Independent Credit Approver

    Independent Credit Approver approves, rejects or returns the frozen revision. The reviewer must be independent of the submitter and entitled to act within the lending organization. Save the decision and reason before persisting the application's Authorized, Rejected or returned Draft outcome.

    • Persist the independent decision and outcome
    • Updates Loan applications, Review decisions, Operation receipts
    ApprovalA person approves before the work moves on.

  4. Inspect the handoff Credit Officer

    Credit Officer reads the decision and operation receipt for the same revision. An Authorized application can proceed to provider submission. A returned case needs correction and fresh review; a rejection retains the reason and the original evidence.

    • Identify authorized work or required correction
    • Updates Loan applications, Review decisions, Operation receipts

Where it usually breaks

And how to keep it from happening.

  • A changed principal reaches a reviewer who still has the earlier revision open. Reject the stale decision and make the revised request explicit.
  • A preparer also holds administrative access and assumes that permits self-approval. Reviewer independence still applies.
  • The account entries balance but reference the wrong borrower. Check ownership as well as arithmetic before the handoff.

Who does what

Roles and permissions
Credit Officer
, Independent Credit Approver, App Administrator, Auditor.

Set up Agri-fintech Lending your way.

Start free, then use Proto to change fields, steps and approvals before your team goes live.

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