This topic describes the overview of Corporate Loan Drawdown Origination.

Corporate Lending Origination solution of Oracle Banking Digital Experience (OBDX) provides existing corporate customers the ability to initiate a loan drawdown request using the Digital Banking Platform. As a part of Corporate Lending Origination solution, following features are supported in the product:

• Corporate Loan Drawdown Origination

  The loan drawdown request can be initiated under a main facility, or a sub-facility, for the following Corporate Lending Products:

  • Term Loan

    A term loan is a short to long term loan given by banks to corporate companies.

    Following are a few reasons when a business might require such loans:

    • To purchase fixed assets
    • To buy inventory
  • Working Capital

    A working capital loan is offered to meet the day-to-day operating expenses, of a corporate. These loans generally have a shorter life span. Following are a few reasons when a business might require such loans:

    • Lack of cash reserves for meeting sudden cash crunches
    • Grab new business opportunities
  • Real Estate Loan

    Corporate real estate finance is for the property which is to be used solely for business purposes like retail malls, shopping centers, office buildings and complexes, hotels and so on. Property finance is offered to acquire, develop and construct these types of properties. Loans are offered during different lifecycles of the project that include pre-construction finance, construction finance, refinance, and so on.

  • Equipment Loan

    Corporate companies often have the need to purchase, repair, or upgrade various kinds of equipment to manufacture, or produce their products. Equipment finance is offered to corporate companies to purchase or borrow assets for business.

• Application Tracker

  The Application Tracker enables the corporate user to view the progress of submitted loan drawdown applications and also to retrieve and resume applications that have been saved as draft.