End-to-end corporate loan origination process on a single platform

VeriLoan provides an end-to-end corporate loan origination process on a single platform and offers a flexible, process-managed approach that supports a fully customized loan origination engine helping to enhance customer experience. Financial institutions face challenges during corporate loan origination processes that revolve around complex business rules, lack of consolidated financial data and calculated risk ratings. VeriLoan, providing an end-to-end corporate loan origination process on a single platform, enables financial institutions to:

• Be future ready,
• Capture data across multiple entities,
• Optimize work flows,
• Cover all related information including shareholders, subsidiaries, parent companies,
• Increase the analysis scope,
• Ease customer onboarding processes. VeriLoan Corporate Loan Origination covers portfolio management, risk assessment, compliance with regulatory norms, and transparent lending process to address the competitive business environment and changing regulatory requirements. The solution covers Construction Loans, Commercial Real Estate, Asset Financing and Small Business Loans.

Corporate Loan Origination - Key Features

Credit Limit Request

• Initial Funded/Non Funded Limits
• Limit Increase/Decrease
• Limit Sub-allocation
• Disbursement for Limit Utilization

Credit Application

• Funded & Non Funded Facilities
• Collaterals & Appraisal Details
• Covenants & Deferrals
• Client’s Documents

External System Integrations

• Moody’s Risk Integration
• Dun & Bradstreet
• Credit Bureau
• AML/Internal/Domestic Blacklists

Integrated Rule Engine

• Policy Check & Exceptions
• Business Rules & Validations
• Risk Committee Approval Matrix 

Risk Analysis

• SWOT Analysis
• Risk Opinion & Approval
• Credit Proposal Template
• PDF Proposal Generation 

Risk Committee

• Risk Opinion & Proposal Review
• Exceptions Approval & Waivers
• Decision Memo Capture & Review
• Credit Approval

Documentation

• Contract, T&C Generation
• Document Collection
• Scanning & Upload
• Integrated Document Management

Implementation

• Integration with Core Banking 
• Integration with Limit Management System
• Limit Implementation & Renewal
• Loan Origination & Disbursal