---
title: "How to Manually Create a Loan Application"
canonical: "https://bizcore.refined.site/space/BCKB/2004484104/How%20to%20Manually%20Create%20a%20Loan%20Application"
format: markdown
---
> Macro (toc)

# **Overview**

Biz Core will automatically create an application record either after an applicant submits one through the customer-facing [application form](https://bizcore.refined.site/space/BCKB/1776615437/Application+Form+Setup) or user [converts a lead](https://bizcore.refined.site/space/BCKB/1776975877/Lead+Management), depending on the configuration of the [loan product](https://bizcore.refined.site/space/BCKB/1776680977/Loan+Product+Setup). However subscribers can also manually create new applications to assess whenever required. With the creation wizard users can immediately create an application record to assess and, pending approval, service the created loan.

> ℹ️ Subscribers must still configure their [loan products](https://bizcore.refined.site/space/BCKB/1776680977/Loan+Product+Setup) before they can manually create an application in Biz Core.

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# **Application Creation Setup Wizard**

To manually create a new loan application, use the sidebar to navigate to **Workspaces → Applications**:

![access-applications-from-workspace.gif](media://85661873-8931-4bc6-aa4d-b2fde1899f8e)

From here, hover over the **Actions ≡ **icon on the bottom right and select **Create New Application** to launch the creation wizard:

![create-new-application.gif](media://e3bafd92-1195-406b-beae-7423eb77fbec)

Users can now follow the steps in the creation wizard to manually create a new application.

---

# **Step 1 - Select Customer Type**

Use the radio buttons to select between a new customer or searching for a customer record that already exists within Biz Core:

![image](media://ef068f4b-fce9-483c-add1-fe330d8409e3)

## **Application for a New Customer**

To create the application for a customer that does not already have a record in Biz Core:

- **Customer Type**: Select from the dropdown menu if they are an individual or a business:

![image](media://f8b999c5-accf-4a75-81eb-ca13812275f9)

Based on the user’s selection, relevant fields will become visible. Input the individual or business customer’s information then click **NEXT** to continue.

> ℹ️ Although Biz Core creates its own unique reference numbers for each record, users can also add an ID into the External Reference field while entering a customer's details. This will be stored along with their personal details in the record, useful if they have an ID from a different CRM.

## **Application for an Existing Customer**

To add a customer that already exists as a record in Biz Core, start typing an individual’s first-name, last-name, full-name or customer reference, alternatively for a business begin entering their company name, trading name or customer reference. The system will start searching as users enter these details and provide a list of results in a dropdown menu, users select the correct result by clicking on it:

![image](media://9b60d589-0ed4-4b9d-a1be-f01ab19b9c3d)

After the existing customer has been located users click **NEXT** to continue.

# **Step 2 - Application Details**

The Application Details step allows users to enter basic cursory details of the application that will later be assessed. These details, except the loan product selected, can be adjusted as required during the loan assessment. Each field is explained below:

> ℹ️ Any application details are limited by the configuration of the loan product being used. For example: the amount cannot exceed the maximum set on the loan product.

- **Loan Product**: Select the loan product that will be used as the framework for this application. Users can consult the [Loan Product Setup guide](https://bizcore.refined.site/space/BCKB/1776680977) if the appropriate loan product is not already configured.
- **Frequency**: Select the frequency of the proposed loan repayments from the dropdown menu.
- **Length (Weeks)**: Enter the length of the proposed loan term in weeks.
- **Amount**: Input the dollar amount of the proposed loan.
- **Reason**: Choose a reason for the loan being applied for from the dropdown menu.
- **Add Tag**: Users can add a tag to the application in order to categorise the record. These are searchable from the filters widget in the loans workspace, so users can apply specific tags to assist their workflow.

After the Application Details have been entered the user can click **NEXT **to proceed to the final step.

# **Step 3 - Application Summary**

The Application Summary displays a rundown of the details entered during the previous steps. To proceed with creating the application users click the **CREATE **button, or return to the previous step with the **Prev** button.

# **Assessing the Application**

After creating the application the record will immediately open, or the user can locate it from the application workspace. It is ready to begin the assessment process, [outlined here.](https://bizcore.refined.site/space/BCKB/1779826689/Loan+Application+Process)