SBA Loan Servicing Compliance demo
Every SBA duty after closing in one lane per loan, and every servicing action checked before it happens. 1:12
What the demo shows
A servicing solution for SBA lenders that tracks every SBA duty after the loan closes.
Seven agents watch every SBA loan after closing — payments, insurance notices, lien lapse dates, the Authorization's conditions and the monthly 1502 draft — raise each duty with its clock before it is due, and draft the visit, letter, filing or correction for the servicing officer to sign.
Transcript
- SBA Loan Servicing Compliance keeps every SBA duty on time after closing for a lender servicing team.
- Each loan is a lane.
- Done duties behind today's line.
- Missed one sink red.
- Three are overdue. CopaLine Machine Works asks to release a pledged lathe so it can sell it.
- The request drops into its lane and stops at a red gate.
- SBA prior approval required.
- The loan is in default and the price is below value, so a release could void the guarantee.
- Teresa holds it and asks SBA with Owen Marsh's second signature.
- Six agents check the whole file and draft the visit, the insurance demand, and the lien continuation.
- Teresa signs, and the $1.06 million guarantee stays whole.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.