Generating the ETRAN SBA 7(a) Terms and Conditions from Ventures
This article is also available as a video: 7(a) Updates as of 8/1/2023 * The 7A wizard is longer supported by SBA as of 8/1/2023. * Lenders will be able to generate Terms and Conditions in Ventures with the following status: IP, Awaiting Documents, In Reviewer 1 and Funded. * There is a new status R0 - I…
Release Notes - 2023-08-02
AUGUST 2ND, 2023 Announcements VENTURES NEW ETRAN Status and Workflow For 504 and 7(a) loans: In Compliance Review (R0) SBA will now be performing compliance checks for applications before moving them to Awaiting Documents / In Reviewer 1 / Funded status. The new status is "R0" within a CAFS record,…
