Getting a loan these days can be a complex process. Whether you are a lender or a borrower, having a clear map of the process can be a useful tool in helping you navigate all the intricacies of giving or getting a loan. This EPC diagram of the loan application process example lays out a basic flow - modify it to demonstrate the steps of your process so everyone has a clear picture of what to expect. Make this chart a working model by linking to application forms, employment verifications, background check authorizations and more.
Request for a loan
Amount = 1ME
Amount 1ME
Customer class premium
Customer class other
Check Credit Rating
Good credit rating
Bad credit rating
Request rejected
Reject request for a loan
Loan Application Process Example
Loan issued
Issue loan
