What's New 2025

We are happy to announce the availability of online help for TSoftPlus. You can access help from the Home screen by clicking Help. As part of this change, the previously available guides have been removed from the Help menu. In addition, the Forms List was removed from the Resources & Important Links section in the Home page. The Forms List is now available within the online help.

The SBA revised 7(a) fee, including the upfront guaranty fee, for 7(a) loans covering for Fiscal Year 2026 (FY 2025). This was published in SBA Information Notice 5000-872051.

For loans to manufacturers (NAICS sectors 31-33) of with a loan amount of $950,000 or less, the upfront fee is 0%.

For 7(a) loans with Export Working Capital the following conditions apply:

• For the loan term of 12 months or less: the upfront guaranty fee is 0.25% of the guaranteed portion of the loan.
• For the loan term of 13 up to 24 months: the Upfront Fee is 0.525% of the guaranteed portion of the loan.
• For the loan term of 25 up to 36 months: the Upfront Fee is 0.80% of the guaranteed portion of the loan.

Accordingly, for 7(a) loan types excluding 504, PPP, PPF, SBA Veterans Advantage and Export Working Capital, the rates for calculating the upfront guaranty fee were revised to now calculate according to the following conditions:

• If the loan term is 12 months or greater:
  • if the loan amount is equal $150,000 or less: 2% of the guaranteed portion.
  • if the loan amount is from $150,001 to $700,000: 3% of the guaranteed portion.
  • if the loan amount is from $700,001 to $5,000,000: 3.5% of the guaranteed portion of the loan up to and including $1,000,000, plus 3.75% of the guaranteed portion over $1,000,000.
• If the loan term is less than 12 months (short-term loans): 0.25% of the guaranteed portion.

Corrected an issue on the Summary Documents page that caused the Select All option to not properly select all documents listed across all sections and categories on the page. The feature was incorrectly only selecting all documents in the respective sections; for example, the additional, application, and closing documents phases.

Updated the application to send the birth date (DOB field) information for each party included in the submission to E-Tran. The inclusion of the birth date for all parties is a result of SBA change making the birth date required as part of the data set submitted to E-Tran in both origination and servicing submissions effective 4/07/2025.

Updated the list of eligibility requirements on the E-Tran submission screen (ETran Eligibility Requirements message) accessed from the Documents Summary page to include new eligibility text. This update supports recent SBA changes to loan eligibility requirements to require that no beneficial owner is an ineligible person. A lender submitting a loan through E-Tran, should certify compliance with all eligibility requirements. The change has been done to be compliant with recent SBA Policy Notice regarding citizenship requirements for obtaining 7(a) and 504 loans.

The new eligibility code text reads:

To the SBA Lender’s knowledge, no Beneficial Owner is an ineligible person. Ineligible persons include, but are not limited to, foreign nationals, those granted asylum, refugees, visa holders, nonimmigrant aliens under 8 U.S.C. § 1101(a)(15), those under Deferred Action for Childhood Arrivals (DACA), and undocumented aliens who are in the U.S. illegally.

Updated the list of eligibility requirements on the E-Tran submission screen (ETran Eligibility Requirements message) accessed from the Documents Summary page to include new eligibility text. This update supports SBA’s loan origination policies and procedures governing the 7(a) and 504 loan programs, specifically environmental policies and procedures related to loan programs.

The new eligibility code text reads:

LENDER ENVIRONMENTAL CERTIFICATION FOR ETRAN

Lender certifies that it will comply with SBA's Environmental Policies and Procedures in SOP 50.10. If this loan is being processed under non-delegated authority, Lender certifies that if the project includes real Property, and the Property is Contaminated, Lender will not disburse the loan unless the Environmental Investigation and the Environmental Investigation Report(s) have been approved by SBA. Note: Capitalized terms are defined terms in SOP 50.10.

As part of our commitment to security, we have updated the application to ensure that all files uploaded on the Financial Analysis, Summary Documents, and Loan Import pages are processed through our enterprise antivirus and malware detection systems prior to entering the application as file attachments. This effort is aimed at reducing the risk of application users downloading potentially malicious files to their computer or network.