Q2 Product Enhancements
01
SBA 504 C&I Only Loan Type
GoDocs now supports SBA 504 loans secured solely by C&I collateral, expanding capabilities for equipment and business asset financing. This enhancement simplifies document generation with dynamic SBA language and reduces manual edits for faster, compliant closings.
02
Participation Agreement Support for CRE & C&I Loans
Lenders can now seamlessly include Participation Agreements within CRE and C&I loan packages, capturing participants and pricing directly in the workflow. This streamlines loan syndication and reduces the need for manual drafting.
03
SBA Beneficial Ownership Certification Automation
GoDocs now automatically generates SBA-compliant Beneficial Ownership Certifications across all SBA loan types. This eliminates manual forms, improves accuracy in complex ownership structures, and ensures compliance with evolving SBA requirements.
04
C&I Cross-Default & Cross-Collateralization Options
New configurable cross-default and cross-collateralization settings give lenders greater control over how related C&I loans are structured. This update ensures precise, market-aligned document language while reducing manual customization.
05
Override Maturity Date Option
A new Override Maturity Date feature allows lenders to fine-tune loan maturity dates without impacting other calculated fields. This provides flexibility for real-world closing scenarios while preserving payment schedule integrity.
06
Beneficial Ownership Form Expansion for Non-SBA Loans
Beneficial Ownership forms are now available for non-SBA loans through a new configurable setting. This ensures consistent compliance across all loan types while reducing manual document handling and improving audit readiness.
07
C&I Abundance of Caution Real Estate Collateral
GoDocs now allows lenders to include real estate as “abundance of caution” collateral within C&I loans, generating all related security instruments and documents directly in the workflow. This streamlines mixed-collateral deal structuring and eliminates the need to shift between C&I and CRE processes.
08
Expanded Promissory Note Term Flexibility
GoDocs now offers enhanced month‑based term options within the Promissory Note fields, giving lenders greater flexibility to support interest‑only and long‑term amortization structures. Lenders can accurately reflect scenarios such as short‑term interest‑only periods followed by full amortization—without being constrained by limited dropdown values—ensuring the note terms align with real‑world loan programs. These UI enhancements flow directly into the generated loan documents, helping reduce workarounds, improve accuracy, and better support diverse lending products.
09
New SBA 504 Non‑Construction Loan Structures (No RHA Required)
GoDocs now supports additional SBA 504 CRE‑secured loan structures, including a first‑lien 504 term loan paired with a second‑lien 504 bridge loan—both without a Repair Holdback Agreement. This enhancement gives lenders the flexibility to document equipment purchases, refinances, and other non‑construction SBA 504 transactions without unnecessary construction‑driven complexity. By decoupling Repair Holdback Agreements and simplifying SBA 504 options where construction is not involved, GoDocs delivers cleaner workflows, more accurate documentation, and better alignment with how lenders structure modern SBA 504 deals.
10
Configurable “Include Common Address” Setting for Recordable Instruments
GoDocs now offers a new lender‑level setting that allows customers to optionally include the property’s common street address directly in the body of key recordable documents, including Mortgages/Deeds of Trust, Assignments of Mortgages, Assignments of Leases and Rents, and Amendments. When enabled, this enhancement helps ensure the address appears on the recorded instrument itself—reducing post‑closing exceptions from custodians and investors and minimizing corrective recordings. This opt‑in, globally available feature gives lenders greater flexibility to meet investor, title, and operational requirements while maintaining clean, compliant documentation across CRE, C&I, and ModDocs workflows.
11
Related‑Party Leasing Restriction Added to ApartmentDocs & InvestorDocs
GoDocs has enhanced its ApartmentDocs and InvestorDocs Loan Agreements to better reflect market‑standard risk controls by introducing a clear prohibition on leasing to related parties. This update adds targeted language to Section E.1 across all loan types, closing a common gap in transfer and leasing provisions while preserving existing permitted exceptions. Rolled out globally, this enhancement helps lenders strengthen credit protections and align documentation with investor expectations—without requiring any changes to user workflows.
12
New CDC Name Field for SBA 504 Loans
As part of GoDocs’ expanded SBA 504 loan offering, users can now easily capture and populate the name of the Certified Development Company (CDC) directly within the loan workflow. When an SBA 504 loan is selected, a new dedicated CDC data field appears in the Loan tab and automatically flows into the Loan Agreement where the CDC is defined. This enhancement eliminates manual drafting gaps, ensures complete and accurate SBA documentation, and supports smoother coordination between lenders and CDC partners.
13
C&I Collateral Expansion for CRE Loans
GoDocs now empowers lenders to seamlessly add C&I collateral—either an all‑business‑assets General Security Agreement or a targeted Security Agreement for specific equipment—directly within any CRE loan workflow. This enhancement also introduces full support for non‑standard vesting, allowing C&I collateral to be owned by borrowers or third‑party guarantors, with automated document generation and UCC‑1 preparation aligned to each ownership structure. By unifying CRE and C&I collateral capabilities, lenders gain far greater flexibility in structuring secured transactions while reducing manual drafting and cross‑collateralization complexity.
14
CRE Subordination Agreement for Junior Liens
GoDocs now allows lenders to seamlessly generate a Subordination Agreement whenever a borrower is permitted to take a junior loan secured by a subordinate lien on the same real estate collateral as the senior loan. When users indicate that a junior lien is allowed, they can now select “Include Subordination Agreement?” to open a dedicated tab that captures all required junior‑lender details—name, address, signature information—and key deal terms such as junior loan amount, partial release rights, purchase‑option rights, and construction‑loan status. GoDocs then uses this information to produce a complete Subordination Agreement in the closing package, ensuring the senior lender’s priority is properly documented and reducing the need for manual drafting. This enhancement gives lenders a streamlined, standardized way to manage multi‑lien CRE structures with greater confidence and efficiency.
15
C&I Licenses/Permits Collateral Enhancements
GoDocs now offers expanded support for Licenses and Permits as a dedicated collateral type within C&I loan workflows, giving lenders clearer, more precise control when securing interests in regulated or permission‑based business assets. Users can now designate Licenses/Permits as standalone pledged collateral or combine them with All Business Assets, with GoDocs automatically generating the appropriate Security Agreement or General Security Agreement language. When selected, lenders may also specify individual licenses or permits through a new “Specific License(s) and Permit(s)” sub‑collateral option, ensuring each item is accurately described and properly reflected in UCC filings. These updates strengthen collateral clarity, reduce manual drafting, and support more nuanced C&I lending structures involving government‑issued or business‑critical authorizations.
16
Beneficial Ownership Form Expansion for Non‑SBA Loans
GoDocs now supports Beneficial Ownership form generation for both SBA and non‑SBA loans, giving lenders greater flexibility in meeting regulatory and internal compliance requirements. A new product‑level setting—“Turn on Beneficial Ownership Form Functionality”—allows institutions to enable this workflow regardless of SBA status, automatically surfacing Beneficial Ownership selections on the Borrower tab whenever activated. When used for non‑SBA loans, GoDocs will generate a newly added Non‑SBA Beneficial Ownership form, mapped to all required entity and individual fields and aligned with the updated regulatory format. This enhancement streamlines compliance across diverse loan programs while reducing manual document handling and ensuring consistent, audit‑ready ownership disclosures.
Q2 Compliance Updates
01
CRE Loan Agreement: Related Party Leasing Now Requires Lender Consent
GoDocs has strengthened the Transfers section of our ApartmentDocs and InvestorDocs Loan Agreement to require lender consent before a borrower may lease the collateral property to a related party, such as a principal, family member, or affiliated entity. This enhancement protects lenders from below-market lease arrangements that could diminish collateral value or income, while also bringing the provision in line with market-standard loan documentation. The update gives you greater control and a stronger contractual foundation when managing your collateral.
02
New Setting: Include Property Street Address in Recorded Instruments
Users can now opt in to automatically embed the property’s common street address within the definition of “Land” in key recordable instruments, including Mortgages, Deeds of Trust, and standalone Assignments of Leases and Rents. This eliminates a common post-closing headache caused when title companies substitute their own legal description to the instrument without including the property address, which can trigger flags from custodians and investors requiring remediation. Enabling this setting helps your loan packages sail through post-closing review with fewer corrections and delays.
03
SBA Loans: Flexible Environmental Indemnity Agreement Options
GoDocs has updated all SBA loan products to allow lenders to include GoDocs’ Environmental Indemnity Agreement in addition to, or in lieu of, SBA’s form Environmental Indemnity Agreement in the loan document package. Users also have the flexibility to only include SBA’s form Environmental Indemnity Agreement. This change gives users full control over your environmental indemnity coverage and ensures your closing package reflects your institution’s specific risk management preferences.
Did You Know?
SBA LOANDOCS
Did You Know GoDocs Covers the Full SBA Loan Lifecycle?
Did you know GoDocs supports SBA 7(a), 504, and Express loan document generation — all within the same platform you’re already using? SBA LoanDocs™ produces attorney-quality closing packages in minutes, with lender-configurable settings and compliance maintained by our legal team. Most lenders spend significantly more time on SBA loans than other loan types — GoDocs cuts that down.
If you’re handling SBA loans outside of GoDocs today, there’s a faster way. Reach out to your CSM to learn more or get enabled.
PAGE PREVIEW & PAGE COUNT
Did You Know You Can Review Your Full Document Package Before You Download It?
Did you know GoDocs lets you preview your complete loan document package and see a page count before you ever hit download? After your order validates, two features become available that many customers find immediately useful — and some haven’t discovered yet.
- Preview Full Package: opens a watermarked, view-only version of the assembled package so you can confirm accuracy and completeness before ordering.
- Get Page Counts: shows the total page count of your document package based on your data entry, found in the Document List tab after validation.
Both refresh if you update your order just re-validate to get the latest version.
Questions? Contact GoDocs Support at [email protected].
Questions About What's New?
Whether you want to enable a new feature, talk through how it applies to your loan programs, or get a walkthrough of something you haven’t tried yet, reach out anytime at [email protected] or give us a call at (855) 777-3627.
