1. Pre-loan

1. Application processing, simply put the input/imaging/preliminary inspection of data/replenishment/archiving, etc. here.

2. Preparation for approval, simply review the information / collect all aspects of credit information / door-to-door or telephone verification / assessment of collateral, etc., that is, all the preliminary work required for approval is included. here.

2. Loans

1. Loan disbursement, which may be one lump sum or one by one, or it may be a revolving loan.

2. Loan management, related management during the period from loan issuance to full repayment, including repayment management, regular verification/return visits, behavior analysis/early warning, limit revaluation, cross-selling, etc.

3. Post-loan

1. Collection management.

2. Follow-up business: some follow-up business after the customer has returned all the debt, including secondary or cross-selling, etc.

Extended information:

Loan procedures

1. Loan application. The borrower applies for a loan to a local bank. In addition to applying for rural small loans, applying for other types of loans requires providing relevant information.

2. Credit rating assessment. Banks evaluate borrowers' creditworthiness.

3. Loan investigation. The bank investigates the borrower's legality, safety, profitability, etc.

4. Loan approval. Banks review and approve loans in accordance with a loan management system that separates loan review from loan review and provides graded review and approval.

5. Sign the contract. The bank signs a loan contract with the borrower.

6. Loan disbursement. The bank issues loans on time according to the loan contract.

7. Post-loan inspection. The bank conducts follow-up investigations and inspections on the borrower's execution of the loan contract and the borrower's operating conditions.

8. Loan repayment. When the loan matures, the borrower must repay the principal and interest of the loan in full and on time. If he wants to extend the loan, he should submit a loan extension application to the bank before the loan maturity date. Whether to extend the loan is decided by the bank.

Baidu Encyclopedia - Loan Procedure