Credit Decisions
You can record credit decisions on the Credit Decisions page. This page is purely for your reference. It does not flow through to other parts of Ventures. Entering information here can save you from having to dig through a credit memo to find what decisions were made and when said decisions were made. * Click on …
2025-05-21 Release Notes
VENTURES SBA Lenders - Project Cost Description is Required for Debt Refinance Costs The SBA was looking for help in filling out the description for debt refinance project costs that flow to the use of proceeds section in CAFS. We now require that the Description field to be filled in when the project cost is m…
2025-04-23 Release Notes
VENTURES SBA Lenders - Non-Citizen ETRAN Error Workflow Update In order to accommodate an SBA request regarding citizenship validations, Ventures has made a modification to the SBA application submission workflow. If an existing application is updated and the non-citizen validation error returns, we will flag t…
2025-03-26 Release Notes
VENTURES 7(a) Lenders - Revised FY2025 7(a) Fees added All 7(a) Loan records in Prospect and Open status were updated with the revised FY2025 fees pursuant to SBA Notice 5000-865758 . Additionally, any 7(a) loans with approval dates on or after March 27, 2025 will have the new fees. *If your loan application …
