February 28, 2011

Wolters Kluwer Financial Services launched its TSoftPlus Small Business Administration lending solution to help banks originate SBA loans while meeting all SBA program guidelines and regulatory requirements.

The new product builds upon the company’s TSoft SBA FormMaster+ software that the company has offered for more than 15 years.

TSoftPlus offers an updated browser-based user interface that can be accessed via an intranet and is fully-scalable for single or multiple organizations. Because it is browser-based, the solution does not require additional installations or updates on each workstation when new versions are released.

And because the bank or credit union hosts the software and all borrower data on its own intranet, it controls the security of this information.

The TSoftPlus solution also uses an automatic document selection technology to produce PDF loan files for e-mail, printing and submission to the SBA. The solution can fully integrate with the SBA’s Authorization Wizards using Microsoft Word, which allows banks to submit loan applications and receive approvals through the SBA’s E-Tran system. In addition, banks can also perform financial analysis in Microsoft Excel, which is integrated within the solution.

 

Read more at: 

http://www.wolterskluwerfs.com/NewsEvents/PressReleases/press020311b.html