Cy loans inc. provides loans to small businesses with cyclone connections at reasonable interest rates and will consider small businesses with connections to that other school to our east. the interest rate charged those businesses is higher to compensate cy loans for the additional risk.

all businesses must provide credit information before securing any loans. the credit department reviews all credit information, compares it to the business credit history file, and returns approved credit notices within three days. the credit department is also responsible for notifying businesses of credit denials. in addition, the loan pending database is updated at this time.

for approved businesses, cy loans verifies that the appropriate funds are available by reviewing the available funds database. if the funds is available, a loan acceptance notice is generated and the funds are delivered to the business. if the funds are not available, the business is notified with a date to expect the funds on.

the loan system generates weekly total loan requested report based on the loan pending file which is forwarded to cy loans owner, super cy.

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prepare a business process diagram (bpd)