Paycheck Protection Program supported by TSoftPlus™ | Wolters Kluwer
Paycheck Protection Program Supported by TSoftPlus™

Lenders, we know supporting your communities is your priority and supporting you is ours! Paycheck Protection Program supported by TSoftPlus™ is your turn-key solution! These solutions set will give you everything you need to provide this important SBA loans to your small business clients, plus help future clients.

Paycheck Protection Program Supported by TSoftPlus

With Paycheck Protection Program supported by TSoftPlus, you can immediately start processing compliant PPP loans, giving your clients quick access to much-needed funds. Our end-to-end solution automatically selects SBA-compliant documents, plus supplementary documents, to keep your PPP lending running smoothly

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SBA Paycheck Protection Program Supported by TSoftPlus.

 

 

TSoftPlus

The TSoftPlus Difference
  • 20+ years of experience submitting loans through E-Tran
  • NAICS codes provided
  • E-Sign integration
  • SaaS-based and remotely accessible from an Internet browser
  • New users set up in 4-6 business hours (on average)
  • Free training and white-glove support

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TSoftPlus PPP Forgiveness Module

TSoftPlus with PPP Forgiveness Module is your total PPP forgiveness solution. With PPP Forgiveness Module, you will provide a better borrower experience while gaining additional benefits of improved accuracy and efficiency, plus the ability to remotely manage a borrower's forgiveness application and document from start to finish.

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Wolters Kluwer E-Sign

Wolters Kluwer E-Sign is an electronic signature solution built with the banking industry in mind so you know it's secure and compliant. You'll also be able to meet your customers where they are - online, in your office, or in their own home!

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Loan Application Data Importer

Quickly and efficiently import your loan application data into TSoftPlus without rekeying, saving time and reducing errors. This functionality enables you to eliminate your backlog of PPP loan applications and get payroll funding into your clients’ hands faster.
 

Doc Importer

Doc Importer allows lenders, like you, to request documents from your PPP borrowers. Borrowers can provide supporting documents securely, from their device of choice, and without leaving the safety of their homes. Another way that TSoftPlus helps you move your SBA PPP lending through quickly!
 

White Glove Service

Known in the banking industry as “hand-holding”, we love to see you succeed! With our training and implementation team, we focus on getting you up and running quickly and more importantly – right and in compliance!  


 

 
 

Insights

 
 
Neal Doherty’s commentary provides timely insights on the key steps in submitting and obtaining Paycheck Protection Program (PPP) loan forgiveness, from computation of the loan forgiveness amount to lender safe harbor, application and documentation considerations even as the industry awaits further needed guidance.
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See the average number of employees assisted per loan and the top 10 states by jobs retained.
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Subscribe for the complimentary COVID-19 reports outlining all notable financial industry regulatory updates. See the power of OneSumX for Regulatory Change Management with the bulletins for U.S. Insurance companies and Banking and Securities firms from around the world.
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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 DelegatedAuthority@sba.gov.

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.  
 
 
Our Business Entity Search for CARES Act conducts bulk/batch corporate identity searches to verify the business status of potential borrowers. It can tell you whether or not your loan applicants were in operation on February 15, 2020, and enables requests for Certificates of Good Standing.
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Wolters Kluwer expert, Stevie Conlon, discusses the considerations for lenders in the forgiveness of all or a portion of amounts borrowed by a small business under a loan made pursuant to the PPP based on recent SBA guidance.
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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. Click here. 


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

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Be prepared – 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.