You can now generate a 7A terms and conditions document from within Ventures for loans that are in servicing statuses. This allows your terms and conditions to reflect any updates you have made since origination.

The servicing statuses you can generate a 7A terms and conditions in are:

1. Active-Undisbursed

2. Disbursed Current

3. Lender Deferred Disbursed

4. Past Due Disbursed

5. Delinquent Disbursed

6. In Liquidation Disbursed

7. Fully Cancelled

8. Cancelled-Retired

9. Paid in Full

10. Paid In Full Retired

11. Charged Off

12. Asset Sale from Regular Servicing

13. Asset Sale from Charged Off

14. Administrative Deferred

15. Voluntary Termination

16. Closed

17. CFO Deleted

To generate an update for a 7A loan in a servicing status:

• Click SBA Submission in the menu on the left.
• Click the application number. 

• In the pop-up that appears, click the Generate Terms and Conditions button.

• The pop-up will change to a message informing you that it is your responsibility to review your data along with instructions on how to update your data in a Terms and Conditions document. Click Continue.

• Enter your SBA CLS account information and click Next.

• The Terms and Conditions document will download. Depending on your browser settings, it may automatically open in a new tab. If the download does not start, please ensure you do not have a pop-up blocker running. Blockers can occasionally interfere with the download process.