New to SBA lending?
Here's a quick step-by-step guide for non-SBA 7(a) lenders to get up and running quickly with Paycheck Protection Program (PPP) lending.
Three Steps to Start PPP Lending
1. Complete the form, CARES Act Section 1102 Lender Agreement (Form 3506), and email it to [email protected]
2. While you're awaiting approval and credentials from the SBA, sign up for Wolters Kluwer Paycheck Protection Program supported by TSoftPlus™
solution and get trained.
- There are no up-front costs to get started. Your institution will be ready to provide PPP loans once you receive your E-Tran access from the SBA.
- TSoftPlus integrates to E-Tran with all required data collected right in the solution.
3. Get your E-Tran credentials and approval from the SBA and start using TSoftPlus for your PPP lending.
- For assistance with SBA's E-Tran system, call the SBA Lender Service Line at (833) 572-0502.
Introducing Engage by Deluxe
Wolters Kluwer has partnered with Deluxe to provide an exciting solution that helps banks and credit unions assess and prioritize staffing and funding demands. Engage, is a SaaS-based tool that equips financial institutions with an easy-to-implement method to meet the growing demands of their consumer and small business clients (and prospects). Learn more about Engage for Consumers and Engage for Small Business, and to talk to an account representative today.
Small Business Owners – SBA resource to help understand the Paycheck Protection Program.
SBA’s Paycheck Protection Program for Small Businesses Affected by the Coronavirus Pandemic Launches One of Multiple Economic Relief Provisions to Protect Workers and Small Businesses
– participating lenders will likely ask for documentation such as articles of incorporation or formation and certificates of good standing in their loan application. Wolter’s Kluwer CT can help you save precious time with direct connections to state offices to help you get the required documents into your hands quickly.
Contact us to streamline your process.