Financial analysis information is incorporated on the Commercial Loan agreement document. You have the ability to provide financial analysis information only if the loan triggers the generation of a commercial loan agreement. You can add financial covenant tracking and financial report tracking for any borrower or guarantor on such a loan. Financial information for borrowers and guarantors is displayed in the same list order that was used for borrowers/guarantors when they were entered on the Parties Page.
You can configure tracking of multiple financial covenant types for each borrower/guarantor.
You can configure only one type of financial report tracking per borrower/guarantor.
You can manually add credit scores for the borrowers or cosigners. The list of credit bureaus comes from Administration. The Score Used field identifies which credit score was used to make the loan decision. Only one score can be used per borrower or cosigner. If you don’t identify which score was used to make the loan decision, the first score entered for that party will be used on the documents.