Application preparation

Credit Officer prepares the borrowing request with its purpose, requested amount and term. The application connects the borrower and product to the responsible officer and organization. Supporting files explain the request, while evidence records show which documents have been received and whether they have been verified. Keep the application number visible throughout preparation so later decisions refer to the same case.

An underwriting note can explain why a borrower needs working capital or how an equipment purchase supports the business. It should help Independent Credit Approver understand the request without having to reconstruct it from separate messages. The requested amount remains distinct from the amount ultimately approved. The officer should be able to explain a difference without overwriting the original request.

• Assigned preparation. Use the application owner and credit officer to identify who gathers information and who answers a review question. The personal worklist brings the officer back to the cases that need their attention.
• Document collection. Attach source files with a title, upload identity and visibility choice. Evidence records identify document types such as a bank statement, collateral appraisal or insurance certificate and retain verification notes.
• Submission revision. Submit a coherent revision for review. If the amount or supporting evidence changes, make the correction visible to the reviewer before asking for a decision. A decision on an earlier revision cannot settle the changed request.

Agree what the team needs before submitting each loan purpose. An equipment purchase may need an appraisal, while a working-capital request may rely on financial statements and bank statements. Set the review responsibility for each document type. Agree how the team uses received dates, verification state and expiry information when evidence is replaced or renewed.

Decide which attachments remain Internal and which can be Shared. Shared visibility is a deliberate access choice that must be tested with the intended accounts. Confirm how each user maps to their team membership and assigned application. The personal queue should follow that mapping, and linked borrower records should remain within the same authorized scope.

Prepare a working-capital application with a financial statement and a bank statement. Credit Officer checks that the files belong to the borrower, records the requested amount and submits the revision. Independent Credit Approver opens the request and identifies an unexplained transaction in the statement. The officer adds the explanation and presents the corrected revision for review.

Now repeat the exercise with an expired insurance certificate and a file attached to the wrong parent application. The team should identify both issues before relying on the evidence. Rehearsal ends when the reviewer can locate the exact request, the relevant documents and the responsible officer from the application itself. Record who resolves an incomplete submission and how the corrected revision returns for review.

• My Loan Applications — Return to assigned requests with their current status and submission date.
• Pending Application Evidence — Find documents awaiting verification and inspect reviewer notes.
• Internal Application Attachments — Review files intended for internal handling before a submission moves forward.

Use application to credit decision for submission and review. For a linked insurance offer, follow bundled application review.