Etran Validation Rule - Start Up requires 15% Injection
* **ETRAN Validation:** Start Up requires 15% Injection **Possible Resolutions:** Confirm your Established Date within **Entities** > **General** tab. If blank it will assume it is a start up. Confirm the Start Up Business is not checked in **Eligibility** > **General** > **Credit Elsewhere** tab. ![][1] ![][2]…
ACH Data Entry for PPP Loans
For all **__PPP lenders_, _PPP packagers_ and/or _PPP LSP's__** - Please view attached PDF with steps to update your ACH information
ETRAN: Ventures Link to Existing Loan
From Ventures: Access the loan Select **SBA Submission** from the left side menu Click the Green **Add** Button Input your CLS Credentials > Click **Next** Select **Link to Existing Application** Input your **Application #** or **Loan #** and click **Next** A Pop will appear with the loan information. Click **L…
Etran Validation Rule - For Borrower, the Primary Borrower Tax ID (Tax ID XXX) cannot match the SSN of any of the Primary Borrower Principals
* **ETRAN Validation:** **For Borrower, the Primary Borrower Tax ID (Tax ID XXX) cannot match the SSN of any of the Primary Borrower Principals.** **Possible Resolutions:** Confirm that your Tax ID Type matches the type of Tax ID that is being used. * If Tax ID being used is SSN the **Tax ID Type** should be SS…
ETRAN Validation Rule: For Principal, Percent Ownership percentage provided requires Principal to be a Controlling Interest Entity
* **ETRAN Validation: ****For Principal, Percent Ownership percentage provided requires Principal to be a Controlling Interest Entity (2116)** **Possible Resolution: **Check the controlling interest for your entity owners (Entities menu > Contact level menus). If ownership is distributed evenly and is less than 51%…
Release Notes - 2021-12-01
# **![][1]** **December 1, 2021** **Announcements** # **Ventures Knowledgebase:** **Did you know that Ventures has a Knowledge Base platform where you have access to helpful Articles, Videos, Submit a Support Ticket and even track your support tickets? ** * **Access the Ventures Knowledge Base widget located on…
Setting up an account with a general inbox email
In this article, we will discuss setting up a Ventures account that uses a general inbox email address. You may have general inbox email addresses for various purposes at your organization. You may want to use these email addresses within Ventures when performing certain tasks such as Servicing emails or 504 ETRAN ap…
Etran Validation Rule - Request has already been uploaded and processed. Possible causes are: you pressed the upload button twice, you forgot you uploaded it earlier, a colleague of yours uploaded it and forgot to tell you
_ETRAN Validation_ "Request has already been uploaded and processed. Possible causes are: you pressed the upload button twice, you forgot you uploaded it earlier, a colleague of yours uploaded it and forgot to tell you".... This error is usually thrown when an application has already been submitted to SBA's ETRAN pl…
Release Notes - 2022-08-18
**![][1]** **August 18th, 2022** **Announcements** # **Ventures+** * * * Beginning Thursday, August 18, 2022, SBA's ETRAN system will only accept Headquarters Location IDs for Third Party and Interim Lenders. There are currently no changes made to Ventures or the Ventures interface. This change should only impac…
Release Notes - 2021-12-15
# **![][1]** # **December 15, 2021** # **Announcements** # **Ventures Knowledgebase:** Did you know that Ventures has a Knowledge Base platform where you have access to helpful Articles, Videos, Submit a Support Ticket and even track your support tickets? * Access the Ventures Knowledge Base widget located on …
