nCino Business Value Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

Which step is NOT part of the funding disbursements process in nCino?

Initiating funding after approval of a draw request

Adjusting the requested amount before disbursement

Creating a construction schedule

Creating a construction schedule is not part of the funding disbursements process in nCino. The funding disbursements process primarily focuses on the management of funds after a loan or credit facility has been approved. This includes activities like initiating funding based on approved draw requests, adjusting amounts for disbursement as required, and updating records to reflect the current funding status.

A construction schedule is more related to project planning and management rather than the specific actions taken during the disbursement of funds. It serves as a timeline for the project but does not directly impact the execution of disbursement itself, which is about the logistics of transferring funds and ensuring that all necessary steps are completed accurately. Understanding this distinction helps clarify the roles and processes involved in financial management within nCino.

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Updating the percent funded field after disbursement is complete

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