VENTURES

1502 Report version update

The SBA pilot for a modernized 1502 report is ready for general release.  Ventures supports both versions as you transition to the new report layout and file submission portal.  The modernized 1502 report is a payments report labeled SBA 1502 Report version 8/2024.  The current report has been renamed as SBA 1502 Report version 12/2023.
 

Bulk Import Demanded Transactions
Use this bulk import feature to save time by entering a Set Demanded transaction type for a list of loans all at once.  The navigation path is Data > Imports > Demand Transactions.  Download the file template, enter the account identifier field and an effective date, then upload.  The import routine will post a demanded transaction for each account in the file.  View the details of the bulk import in the history of bulk payment operations.    

Bulk Demand Notices

Use this bulk payment operation to generate demand notice emails based on filters.  The navigation path is Payments > Actions > Demand Notices.  Option to set filters and select demanded loans to send a demand notice email and attachment.  A note is added to each loan with a copy of the email and attachment.  View the details of the bulk letter in the history of bulk payment operations.  Configure a default demand notice, email subject and message from the Payments > Settings menu.