Product Updates

SBA

SBA and SPARK Update - Community Advantage Loan Program

On Thursday, April 7th , SPARK will be updated to comply with changes announced by the SBA on March 30, 2022, related to the Community Advantage (CA) loan...

April 6, 2022

Release Notes Closing/Funding General Updates SBA Underwriting

SPARK 7.8.1 Release Notes and Webinar

On Saturday, March 26th, we will release SPARK 7.8.1. This minor update adds the ability to document an official close date for a package, as well as several...

March 18, 2022

SBA

SBA and SPARK Update - 2022 NAICS Codes

The list of NAICS codes has been updated for 2022 . SBA has updated E-Tran to require the newly updated 2022 NAICS Codes on all submissions moving forward....

February 22, 2022

Administration Application/Intake General Updates

SPARK 7.8 Additional Configuration Options and Instruction

The release of SPARK 7.8 on February 12, 2022, included several features that require additional configuration to fully utilize. These features are described...

February 18, 2022

Release Notes Application/Intake Applicant Portal General Updates

SPARK 7.8 Release Notes and Webinar

On February 12, 2022, we'll be releasing SPARK 7.8. This update includes major changes to the applicant-facing SPARK portal and Information Requests. Please...

February 3, 2022

Application/Intake Applicant Portal

SPARK Product Update - Smarter Information Requests

Gathering documents, acquiring necessary information, confirming package details - Information Requests are often the best and fastest way to communicate with...

February 2, 2022

General Updates

Product Update - Support for SOFR

Today, we'll be releasing an update to support the addition of the SOFR Index and the SOFR 30-day average. You can now use the SOFR Index and the SOFR 30-day...

December 22, 2021

General Updates

SPARK Hotfix

This Saturday, December 18, we'll be releasing a hotfix to address primarily two items. The first change is that LIBOR will be removed as a rate from all...

December 17, 2021

General Updates Security

Security Update

As you may be aware, on December 9, 2021 a very serious vulnerability ( NVD - CVE-2021-44228 (nist.gov ) in the popular Java-based logging package Log4j was...

December 16, 2021

Release Notes

SPARK 7.7.2 Release Webinar

Please join us for our latest SPARK 7.7.2 Release Webinar on Thurdsay, November 11, 2021 at 11 AM CST. We will be covering a wide variety of topics from the...

November 5, 2021