SBA introduces new loan processing platform
The U.S. Small Business Administration (SBA) has rolled out a new platform that seeks to make SBA lending faster, simpler and more secure. The new Intelligent Capital Access Platform (iCAP) is the SBA’s new origination, processing, and management platform, designed to accelerate and modernize the SBA lending process. iCAP simplifies loan application preparation, accelerates review, and strengthens fraud prevention. It will help empower lenders with the tools they need to deliver more loan...
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