Fleet Credit Decision Approvals.
Misunderstanding about approvals. For Group Contracts - credit approval is based on the indivdual contracts for Retail.
Contracts that are defined as Fleet Group contracts the credit decision needs to be made at the group level.
1. The approval matrix is based on the the group contract - this is the sum of the individual contracts associated with the group contract.
2. The approval is singular - ie approval should only be given on the group contract level, or only one of the group contracts.
3. Approval authority - this is the "group" contract + outstanding principal of all of the contracts associated against the customer . Do we need to force the same customer for the group contract and the indivdual contracts ?