Credit Application Record
Prospect Conversion
A credit record is created through the prospect conversion functionality.
On the Prospect record, mark the check box for 'Run Prospect Conversion' as true. as shown in the screenshot below.
2. Credit application record gets created and attched to the prospect record as shown below. To access the Credit Application record, simply click on the link.
Create a record manually
A Credit Application record can be created by manually entering the details.
In Credit Application object tab, click on ‘New’
2. Select the record type and click ‘Next’.
3. Fill the required details and click ‘Save’
4. The Credit Application Record got created as shown below.
Filling the Form
The form can be customized as per the business requirements. There are two ways to fill in the form first, by the applicant - The applicant will be able to access the form through the link to the site. This will be unique for every company. And second, by the salesforce user.
Select the type of application you want to fill in.
2. Fill in all teh details as you move along the form.
4. Fill all the required fields and agree to the Terms & Conditions and click on ‘Submit’ on the last section.
5. Once an application is filled, a credit application record is created as shown below.
Run External Apps
Click on ‘Rund External Reports’ to run reports like Credit Report, Criminal Report, Business Credit Report, DL verfication and OFAC Report.
Mark the checkboxes as true to run the reports.
Generating Lease/Loan Payment Schedule
This feature enables the user to generate lease or loan schedules. To be able to generate schedules, following fields must be populated under ‘Credit’ tab.
