SPARK for Lender Service Providers
For LSPs seeking a complete SBA loan origination solution.
Achieve better document control
SPARK helps LSPs organize all SBA documentation in a single-source solution.
Enhance lender partnerships
SPARK is collaborative, so you can share information between lenders and borrowers.
Streamline onboarding process
SPARK has a simplified onboarding process, so LSPs can focus on putting their SBA expertise to work sooner.
SBA Out-of-the-Box. No add-ons needed.
Don't pay extra. Our platform provides all the key features out-of-the-box. No need to purchase additional add-ons for SBA-specific functionality.
Automated SBA Forms
SOP 50 10 Compliant
Direct E-Tran Integration
Built-in SBA 10-Tab
SBA Eligibility Review
Automated Guaranty Fee
Borrower Equity Tracking
Referral Agent Tracking
Generate more small business lending
An end-to-end solution to boost your SBA loan portfolio.
A white-label, cloud-based system
LSPs can support multiple lenders while retaining white-label branding visibility. Each lender – with separate rules and regulations – are built into the SPARK configuration, yet unified with the LSPs singular brand identity. LSPs strengthen their relationships with lenders and meets lender needs while reinforcing their own business and marketing goals.
Direct-to-SBA application and documentation submission
While you build out a loan package in SPARK, the platform is simultaneously building out SBA Forms, SBA Eligibility, and compiling all the information you need to send over a complete loan file to E-Tran. By the time the loan reaches the Packaging stage, most of your work has already been done! Sources, uses, collateral, even refinance information that has already been entered into SPARK gets sent to E-Tran directly. All of this data re-use eliminates re-keying of information and allows you turn around loan faster to your lender.
Automatic SBA 7(a) form creation
As you know, creating SBA 7(a) documents can be painful. With SPARK, we make this cumbersome chore easy with a single click. This is where SPARK’s data re-use becomes especially powerful. SPARK uses mapping technology behind the scenes takes these data points and matches them to fields on the SBA forms. Information about the borrower, primary contact, sources and uses, and terms will automatically flow to the 1919 and the 1920 in SPARK without you having to do any extra work.
“The SPARK onboarding team is highly experienced with SBA lending, so it wasn’t just technical expertise they brought to the table. We had been dealing with technical work-arounds for years, but SPARK understood the real-world challenges of SBA vs. always talking about functionality.”
SPARK makes the process simple
Small business lending is complex, your lending platform doesn't have to be.
Ready to put SPARK to work?
Take your small business lending to the next level. Find out how.