1.9.2.1.1 Parties

Party details are added for the application in the SME Drawdown - Application Enrichment Stage.

For information on the screen fields, refer to the field description table below.

Table 1-72 Parties - Field Description

Field Description
Party Type Select one of the options:
  • New - If selected, new party details can be captured as part of loan creation.
  • Existing - If selected, system defaults the party related details in the respective data segments.
Party Role Select the role the party is having during Loan creation.
Party Number Based on the Party selected from the drop-down list, the information is auto populated.
Party Name Based on the Party Number selected, the party name is auto populated.
Contact Role Contact role added will have one of the Party roles mapped.