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Wolters Kluwer’s Compliance Solutions business has officially launched its enhanced Paycheck Protection Program (PPP) Supported by TSoftPlus™ software to help lenders and borrowers expedite PPP loan applications via the Small Business Administration (SBA). Wolters Kluwer recently upgraded its TSoftPlus software in anticipation of new PPP stimulus funding that was approved on December 27, 2020, as part of the Consolidated Appropriations Act, 2021 (H.R.133).
As part of its efforts to share its PPP expertise, Wolters Kluwer will also host an informational webinar, “SBA Requirements for Round 3 of Paycheck Protection Program Supported by TSoftPlus,” 2-3 p.m. EST on Thursday, January 14, to present an overview of the SBA rules implementing the recent law amending the PPP loan program. Presenters will examine how the enhanced TSoftPlus technology can help main street lenders assist small businesses in
to provide an expert overview on the new law amending the U.S. Paycheck Protection Program (PPP), along with an overview on Wolters Kluwer’s TSoftPlus technology which expedites PPP lending. The webinar,
December 27, 2020, marked the U.S. federal government passage of the Consolidated Appropriations Act, 2021 (H.R.133), which includes $284.5 million in additional PPP funding. The third round of PPP helps lenders support small businesses suffering from the severe economic challenges brought on by the COVID-19 pandemic.
In anticipation of this new PPP funding, Wolters Kluwer recently announced significant enhancements to its award-winning Paycheck Protection Program Supported by TSoftPlus™ software to expedite Small Business Administration (SBA) loan applications. Benefits include accelerated PPP lending from application, to closing, to pledging to the Federal Reserve under the Borrower-in-Custody program by eliminating the manual post-closing activities that have presented an u
Wolters Kluwer enhances end-to-end user experience for latest PPP funding through TSoftPlus software and eOriginal platform NEW YORK (Business Wire) In anticipation of the recently announced U.S. fiscal stimulus package, which provides $284.5 billion in additional Paycheck Protection Program (PPP) stimulus funding, Wolters Kluwer’s Compliance Solutions business has further enhanced its award-winning Paycheck Protection Program Supported by TSoftPlus™ software to expedite Small Business Administration (SBA) loan applications. Thanks to its recently announced acquisition of eOriginal, Wolters Kluwer Compliance Solutions is also able to offer a digital loan platform that enables compliance with SBA Appendix 8 mandates for digital loans.
These complementary solutions allow lenders to navigate the intricacies of PPP. Benefits include accelerated PPP lending from application, to closing, to pledging to the Federal Reserve under the Borrower-in-Custody program by eliminating the man
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