Finastra SBDC Solution FAQ
Learn about Finastra's approach to compliance with the SBDC rule. Available within the Compliance Reporter solution, the SBDC module was designed with flexibility in mind.
Regulation B requires that collection of applicant demographic information occur early in the application process before a credit decision is made on the application. For many commercial lenders, this occurs before transaction information is entered in a loan origination system (LOS). The SBDC module was designed with flexibility in mind, providing processors or loan officers with a simplified data collection screen where they can enter early application data in a cloud-native stand-alone solution.
