Why you need the Section 1071 data collection guide.
Understanding the new data collection and reporting requirements under Section 1071 is crucial for financial institutions. By obtaining this guide, you will gain valuable insights into the specific data points required for small business lending. Our guidebook not only explains each data point in detail but also provides recommendations to help you streamline your operations and improve compliance.
What you'll find in the Section 1071 data collection guide.
Here's what you can expect to find:
- Plain-Language explanations
- Quick-reference tool
- Thorough overview
- Operational recommendations
How to get your copy.
To obtain your complimentary electronic copy of the Section 1071 guidebook, you have two options:
- Purchase a Small Biz Wiz license: When you purchase a Small Biz Wiz license from Wolters Kluwer Financial Services, Inc., you will be eligible for the complimentary guidebook. Ensure that the license purchase is completed through a fully executed contract between 12:00 AM ET on January 1, 2023, and 11:59 PM ET on December 16, 2024. Once the contract is signed, you will receive the guidebook via email within 30 days.
- Utilize Advisory Services: Alternatively, you can utilize a minimum of one billable and/or prepaid hour with the Wolters Kluwer Advisory Services team to discuss Section 1071. Make sure to complete the qualifying Advisory Services hour between 12:00 AM ET on August 25, 2024, and 11:59 PM ET on December 31, 2025. Following the issuance of the invoice for the qualifying Advisory Services, the guidebook will be delivered to your primary client account user within 30 days.
Please note that this promotion holds no cash value, and Wolters Kluwer Financial Services, Inc. reserves the right to modify or end this offer at any time.