Which action can be taken to create a product package in nCino?

Creating a product package in nCino often begins with the sales process, which typically involves converting an opportunity into a loan. When you convert an opportunity to a loan, the details and parameters associated with that opportunity are utilized to establish the necessary product packages. This process ensures that the attributes of the loan align with the needs identified during the opportunity stage, which is essential for effectively tailoring services to meet client requirements.

The other options do not directly lead to the creation of a product package. Linking to a loan without conversion may provide access to existing loan details, but it does not initiate the formal process of generating a new product package. Importing data from external databases might help in populating information but does not create a product package on its own. Archiving existing product packages is a maintenance action, but it does not create new packages. Therefore, converting an opportunity to a loan is a foundational step in establishing a product package within nCino.