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 …
ETRAN Validation Rule: For Lender, do not have an active agreement (219)
The following validation applies only to 504 Lenders: _For Lender, do not have an active agreement (219)_ SBA has activated a validation rule that will be thrown ONLY if they do not have the ALP Agreement on file for your organization. * If you are NOT an ALP CDC your SBA Processing Method should be 504 - Basic …
Finding the Lender Location ID
This article will cover how to find the Lender Location ID using Ventures and the CAFS platform. This article is also available as a video: **Accessing a Lender's VCard** To look up the lender's location ID, you will need to be within the Lender VCard. There are two methods for accessing Lender's VCards. Option 1:…
