Ventures API 4 Release Notes

Version 4.5.1 - Release - 4/22/2026

• Added the LoanInsurance API object
  • This has also been added as a property on the Loan API object
• Corrected the list url for all API object that is returned as part of the describe call
• Changes to LoanCollateral:
  • Added new Flood Zone Details fields
    • floodCertNumber
    • floodDeterminationDate
    • floodZone
    • nFIPCommunityNumber
    • nFIPMapNumber
• Changes to LoanFinancing:
  • Added a new CalculatePaymentAndAPR field, that when true, uses Sherman to calculate the payment amount and APR

Version 4.5.0 - Release - 4/8/2026

• Changes to PaymentsAccount:
  • Added optional PaymentLateFeeGracePeriodDays field
• Changes to Loan:
  • Added optional GovGuarantyPercentage field
    • Not allowed on SBA 504 loans
    • Setting this automatically sets IsOverrideGovGuaranteeFee to true
  • Added optional GovGuarantyFee field
    • Not allowed on SBA 504 loans
    • Setting this automatically sets IsOverrideGovGuaranteeFee to true
  • Added optional LoanSubStatusId field
  • Added optional CopyMostRecentOwnership field, which if set to true, will copy the LoanEntity’s most recent owners from another loan
  • Added optional SBAOfficeId field
• Changes to PaymentsOwner:
  • Added a “change” custom operation, which will allow for Payment Owner changes within an account

Version 4.4.6 - Release - 3/25/2026

• Added support for Principal Only Payments

Version 4.4.5 - Release - 2/25/2026

• Changes to PaymentsOwner Object Type:
  • Added custom operation Change to change account ownership

Version 4.4.4 - Release - 2/11/2026

• Added PaymentsOwner Object Type:
  • The following fields will be included:
    • Company Name Required field
    • Owner Type Required field
    • Options are as follows:
      • Lender
      • Owner
      • SBA
      • SBA Fiscal Transfer Agent
    • Un-Remitted Total fields will be optional and are as follows:
      • Principal to Remit
      • Interest to Remit
      • Fees to Remit
      • Servicing Fees
      • Total to Remit
    • Un-Remitted Total fields will only be read-only and only available in the get call.
    • Remit Address will be optional and are as follows:
      • Street
      • City
      • State
      • Zip
      • Country
    • Comments

Version 4.4.3 - Release - 1/14/2026

• Changes to LoanCollateral:
  • Added the optional Description field
    • The value should be a description of the collateral
• Changes to AssociatedTransaction
  • Added three more options to the LoanTransactionType picklist
    • PurchaseWholeLoan
    • PurchaseGuarantee
    • PurchaseUnguaranteed

Version 4.4.2 - Release - 9/10/2025

• Changes to PaymentsAccount:
  • Added % of Principal Outstanding (PercentPrincipalOutstanding) as Payment Type option.
    • The following fields are requred:
      • Payment Frequency
      • % of Principal
    • The following field is optional:
      • Minimum Payment
  • Added Interest Start Date Type field
    • Possible options are:
      • Funding Date
      • Note Date
      • Custom
    • Defaults to Funding Date if not provided
  • Added Interest Start Date field
    • Required for ‘Custom’ for Interest Start Date Type
  • Added Note Date field
    • Required for ‘Note Date’ for Interest Start Date Type

Version 4.4.1 - Release - 8/13/2025

• Changes to PaymentsTransaction:
  • Added new values for the payments reversal reason. The complete list of values is:
    • NSF
    • Other
    • AccountClosed
    • UnableToLocateAccount
    • InvalidAccountNumber
    • UnauthorizedDebit
    • ReturnedPerODFIRequest
    • AuthorizationRevokedByCustomer
    • PaymentStopped
    • UncollectedFunds
    • ImproperIneligibleOrIncomplete

Version 4.4.0 - Release - 7/2/2025

• Changes to PaymentsAccount:
  • Added Adjustment Frequency to be updateable
  • Added Late Fee % of Payment to be created and updateable
  • Added 1502 Status to be updateable
  • Added Guarantee % to be created
  • For Creating, if Rate Type is set to “Variable”
    • The following fields are required:
      • Spread
      • Rate Index
      • Base Rate
      • Basis
    • The following optional fields:
      • Interest Rounding
      • Per Diem Precision
      • Next Interest Adjustment
      • Adjustment Frequency
      • Floor
      • Ceiling
  • Added Payment Type to be created
  • For Creating, if Payment Type is set to “Interest Only”
    • The following fields are required:
      • Payment Frequency
      • Final Payment
    • The following optional fields:
      • Balloon Payment
      • Next Re-amortization
      • Re-amortization Frequency
      • First P&I Payment Date
      • First P&I Payment Amount
  • For Creating, if Payment Type is set to “Fixed Principal”
    • The following fields are required:
      • Payment Frequency
      • Fixed principal
      • Final Payment
    • The following optional fields:
      • Payment Amount
      • Balloon Payment
      • Next Re-amortization
      • Re-amortization Frequency

Version 4.3.0 - Release - 6/24/2025

• Object Types Added:
  • AssociatedTransaction, ContactRole, InjectionType, JobTitle
• Changes to CollateralLien
  • Added Comment
  • Updated LienHolderCompanyId to be updatable
• Changes to Company
  • Added Role
• Changes to Contact
  • Added Citizenship
• Changes to Loan
  • Added AnticipatedFundingDate
• Changes to LoanCollateral
  • Added AppraisalCompanyId
  • Added EnvironmentalCompanyId
• Changes to LoanContact
  • Updated ContactId to be updatable
• Changes to LoanEntityMember
  • Added JobTitle
• Changes to LoanFinancing
  • Added GrossAmount (read only)
  • Added ProjectPercentage (read only)
  • Added OriginatingLenderCompanyId
  • Added OriginatingLenderContactId
  • Added FundingLenderCompanyId
  • Added FundingLenderContactId
  • Added LienPosition
  • Added AmortizationMonths
  • Added Spread
  • Added InterestPeriodMonths
  • Added InjectionTypeId
• Changes to LoanReferral
  • Added CompanyId
• Changes to PaymentsAccount
  • Added TotalAmountDue (read only)
  • Updated AmountFinanced to be updatable
  • Updated RevolvingTermEndDate to be updatable and required
  • Updated MaturityDate to be updatable
  • Updated RateType to be create only
  • Updated InterestBasis to be create only
• Changes to PaymentsTransaction
  • Added InterestRatePercent (create only)
  • Added Amount (create only)
  • Added AmountDue (create only)
  • Added PaymentFrequency (create only)
  • Added PaymentType (create only)
  • Added InterestBasis (create only)
  • Added InterestRateSpreadPercent (create only)
  • Added RateType (create only)
  • Updated PaymentDueDate to be createable
  • Added custom operation Reversal to reverse payment
  • Added ability to filter list by TransactionTypes
• Changes to List action
  • Added TotalPages

Version 4.2.1 - Release - 7/9/2024

• Object Types Added:
  • CollateralLien
• Changes to Loan
  • Added referrals array (create only)
  • Added useOfProceeds array (create only)
  • Added expenses array (create only)
  • Added collaterals array (create only)
• Changes to LoanEntity
  • Added employeeCount
  • Added customData array (create only)

Version 4.2.0 - Release - 6/27/2024

• Object Types Added:
  • CustomField
  • CustomObject
  • CustomObjectRow
  • CustomValue
  • LoanCollateral
  • LoanExpense
  • LoanPartner
  • LoanReferral
  • LoanReferralType
  • LoanUseOfProceed
  • Office
  • SBAOffice
  • UseOfProceedType
• Changes to Loan
  • Added loanSubStatus (read only)
  • Added primaryContactId
  • Added mailingAddressId
  • Added first2Years (create only)
  • Added impactVeteranOwnedBusiness (create only)
  • Added impactEmpowermentZoneEnterpriseCommunity (create only)
  • Added impactHubZone (create only)
  • Added impactPromiseZone (create only)
  • Added impactOpportunityZone (create only)
  • Added impactRural (create only)
  • Added impactSbaVeteransAdvantage (create only)
  • Added impactLowIncomeWorkforce (create only)
  • Added impactJobsCreatedByLoan (create only)
  • Added impactJobsRetainedByLoan (create only)
  • Added sbssScore (create only)
  • Added sbssScoreDate (create only)
  • Added sbaProcessingMethodCode (create only)
  • Added mailingAddress (create only)
  • Added billingContactMethod (create only)
  • Added billingEmail (create only)
  • Added billingName (create only)
  • Added achAccountName (create only)
  • Added achAccountNumber (create only)
  • Added achRoutingNumber (create only)
  • Added achAccountType (create only)
  • Added riskRatingGrade (create only)
  • Added riskRatingDate (create only)
  • Added riskRatingReviewerContactId (create only)
  • Added partners array (create only)
  • Added customData array (create only)
• Changes to Company
  • Added website
  • Added currentOwnershipEstablishedDate
  • Added stateOfFormation
  • Added creditScore
  • Added creditScoreDate
• Changes to Contact
  • Added creditScore
  • Added creditScoreDate
• Changes to LoanEntity
  • Added forms array (create only)
  • Added custom operation getFormList
  • Added custom operation updateForm
• Changes to LoanEntityMember
  • Added signer
  • Added controllingMember
• Changes to Address
  • Added County (read only)
• Changes to PaymentsTransaction
  • Returning new types of transactions such as fees, chargeoff, and reversals

Version 4.1.0 - Release - 6/4/2024

• Object Types Added:
  • LoanPurposeType
• Loan Create now returns Log Number
• Changes to Loan
  • Added submittalDate
  • Added field purposeTypeId
  • Added field purposeType
  • Added field loanPurposeNarrative
  • Added field sbaOfficeId
  • Added field officeId
  • Added field sop
  • Changed closingDate to update Note Date (previously was updating Funded Date)
  • Added fundedDate which updates Funded Date
  • Deprecated loanPurpose

Version 4.0.7 - Release - 5/14/2024

• Fields added to Loan (referenceName)
• Fields added to PaymentsTransaction (pastDueAmount)
• Fields added to Organization (businessPhone)

Version 4.0.6 - Release - 5/13/2024

• Fields added to Loan
• Fields added to PaymentsAccount
• Fields added to Organization

Version 4.0.5 - Release - 5/8/2024

• Object Types Added:
  • LoanDocument
• Fields added to PaymentsTransaction
• Fields added to PaymentsAccount
• AddedDate and UpdatedDate fields added to all objects
• Added cursor based paging for list endpoints
• Improved handling of invalid JSON requests

Version 4.0.4 - Release - 4/25/2024

• Object Types Added:
  • PaymentsTransaction

Version 4.0.3 - Release - 3/26/2024

• Object Types Added:
  • PaymentsAccount
  • LoanContact
• Describe metadata updated
• Significant schema changes to Loan, LoanEntity, LoanEntityMember

Version 4.0.2 - Preview Release - 6/1/2023

• Object Types Added:
  • Loan
  • DocumentType
  • LoanEntity
  • LoanEntityMember
  • LoanFinancing
  • LoanNote

Version 4.0.1 - Preview Release - 1/18/2023

• Object Types Added:
  • Contact
  • Company
  • CollateralType
  • LoanSubStatus
  • LoanType
  • NoteType
  • Organization

Version 4.0.0 - Preview Release - 6/8/2022

• Token endpoint
• Objects endpoints
• Object Types:
  • Address
  • NAICSCode
  • Franchise
  • Report