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Showing articles from financing tag

How to reflect a Subordination in Ventures (504)

This KB article will show you how to represent a subordination in the Financing Menu of a 504 loan. * In the **Financing** Menu, go the the **Financing **Tab * Click on TPL record ![][1] * Update the **Lender** and Lender **Contact** Field record to reflect the new TPL and contact * You will leave the foll…

Where do I input the Lender Contacts?

Lender Contacts are selected and/or created from within your Lender record in the **Financing **> **Financing **tab. For **Contacts** that have already been created start typing a portion of the person's name and the drop-down will display his/her name for you to select. If your **Contact** does not already exist for …

Project Costs Sources and Uses for 7a and Commercial Platform Loan Types

We suggest starting your data input with the Financing > Financing tab 1st. **Financing** > **Financing **tab**: **Add the Financing Source(s) - adding your Financing Source(s) amounts will unlock the Sources and Uses fields within the Project Costs tab **Project Costs** tab: **Add** the Project Cost Type(s) Compl…

Customizing Project Costs

Site Administrators can customize the drop-down options available within the **Financing **> **Project Costs** tab for the various loan types they may have within their organization. To customize: * Click on **Administration** * Click on **Reference ** * Click on **Loan** * Click on **Cost Types** * Click o…

Release Notes - 2022-06-08

**![][1]** **June 8, 2022** **Announcements** Web Templates: Addition of 3 System Documents Ventures has added the following three forms as System fillable pdf’s * SBA Form 2462 - Addendum to Franchise Agreement Instructions (no set merge fields) * SBA Form 2462 - Addendum to Franchise Agreement License (fill…

Financing Menu: Estimated Monthly Payments, Term, Amortization, and Interest Only Months Explained

You will find the **Loan Terms** section in the **Financing Menu** > **Financing Tab**, housing the _Estimated Monthly Payment, Term Months, Amortization Months, _and_ Interest-Only Months_ fields, depending on loan category type: * **504 category loan** > TPL record * **7A/Commerical category loans** > Primary …

Project Financing Sources do not total 100.00% (SBA 504)

## **Q: My Financing screen shows the breakdown of my 504 loan but the total does not equal 100.00%. It is currently showing 99.99% or 100.01%.** When putting together the structure of your 504 project, you may run into an instance in the Financing > Financing area where the amounts that are being used for the TPL, S…

Release Notes - 2022-06-22

**![][1]** **June 22, 2022** **Announcements** **_504 Lenders: _**_New_ Enhancements to the Financing Menu In accordance with the ETRAN and Authorization updates Ventures has made some updates to the Financing menu user interface. No Action is needed for existing Project Costs that have already been mapped to Etra…

Release Notes - 2021-09-30

**![][1]** **September 30, 2021** **Announcements** # **New: Release Notes Widget has been added to your Ventures Home Page labeled Release Notes** **![][2]** Ventures Webinar Dates The **_Foundation Series_** starts up again the month of October and runs through November! These sessions are great for new staff …

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