E-Tran

Loan Origination System Electronic Transfer, or E-Tran, is part of the SBA's On-Line Loan Application process. With E-Tran, SBA lenders can now quickly and easily transmit loan information and receive responses from the SBA. An SBA lender can submit a loan application electronically from within TSoftPlus and receive an immediate response from the SBA, either a loan approval or reasons why an approval was not granted. An approved request is assigned a loan number.

If the lender is a Preferred Lender Participant or the loan transaction is for an Express loan, the user may want to submit the loan application for approval using the E-Tran feature.