Get Free Trial

Process flow - Credit approval

This cross-functional flowchart sample shows the credit approval process.
"Credit (from Latin credo translation. "I believe" ) is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead arranges either to repay or return those resources (or other materials of equal value) at a later date. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower." [Credit (finance). Wikipedia]
The swim lane diagram example "Process flow - Credit approval" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Process Flowcharts solution from the Business Processes area of ConceptDraw Solution Park. Read more
Swim lane diagram
Swim lane diagram, swim lanes, vertical swimlanes, process, document, decision,

Starting a Drawing Project Has Never Been Easier

ConceptDraw PRO is a powerful drawing tool that changes the way diagrams are produced. While starting drawing project has never been easier. This is more than enough versatility to draw any type of diagram with any degree of complexity. ConceptDraw Arrows10 Technology - This is more than enough versatility to draw any type of diagram with any degree of complexity. Read more