SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Prepare a banking-related business credit proposal for the relevant authority 
SAQA US ID UNIT STANDARD TITLE
7355  Prepare a banking-related business credit proposal for the relevant authority 
ORIGINATOR
SGB Banking and Micro Finance 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  16 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
Persons credited with this unit standard will be able to use the correct process to prepare a credit proposal after identifying the relevant authority to whom the proposal must be presented. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Persons credited with this unit standard are required to have a broad understanding of all business products and services offered by the bank as well as of the economics of business. Such persons should also have an understanding of accounting and be competent in financial analysis. This unit standard should be completed in conjunction with the unit standard to assess the viability of a business (SFS012). 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Identify the correct process for a credit proposal. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The amount and risk associated with the facility required by the client are established according to the bank's guidelines. 

ASSESSMENT CRITERION 2 
2. The appropriate level of authority for the consideration of the credit application is identified in order to determine the format of the proposal as well as the correct channels. 

ASSESSMENT CRITERION 3 
3. The correct process for credit approval is identified as required by the bank. 

SPECIFIC OUTCOME 2 
Prepare the credit proposal. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The necessary information and supporting documentation are collected as required by the appropriate format. 

ASSESSMENT CRITERION 2 
2. The amount and risk associated are presented in line with the bank's requirements. 

ASSESSMENT CRITERION 3 
3. The specific terms and conditions for the management of the risk are proposed in line with the bank's requirements. 

ASSESSMENT CRITERION 4 
4. The information is presented in the format required by the bank. 

ASSESSMENT CRITERION 5 
5. The proposal and supporting documentation are checked for completeness and correctness. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.

2. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.

3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution which is accredited by the relevant ETQA. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Detailed knowledge of specific banking policies and procedures relating to the function/tasks performed.
  • The ability to apply financial analysis skill to evaluate an individual's financial position.
  • The ability to express analysis and judgement clearly both in written and verbal communication.
  • Operating and computer systems knowledge sufficient to locate the necessary information and complete the function/task.
  • An understanding of basic elements of business credit risk and principles of sound lending.
  • A broad knowledge of the wide range of banking products.
  • Good customer relation skills.
  • The ability to calculate various interest rates, repayment amounts and periods, and charges
  • The ability to analyse market factors 
    		•


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made when the appropriate level of authority for the consideration of the credit application is identified in order to determine the format of the proposal as well as the correct channels. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively when the proposal and supporting documentation are checked for completeness and correctness. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, organise and critically evaluate information when the necessary information and supporting documentation are collected as required by the appropriate format. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and language skills in the modes of oral and written presentations when the information is presented in the format required by the bank. 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. AFRICAN BANK LTD 
    2. Chartall Business College 
    3. Felix Risk Training Consultants 
    4. Plumb Line Risk Alignment 
    5. Riverwalk Trading 151 CC trading as Culhane Consulting 
    6. Standard Bank Personal and Business Banking 
    7. The Academy of Financial Markets 
    8. The Institute of Literacy Advancement 
    9. THE SHERQ CENTRE OF EXCELLENCE PTY LTD 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.