Secure PPP Document Storage
As you receive your business members’ sensitive documentation for processing their Paycheck Protection Program (PPP) loans, you may find that your credit union needs an alternate method or location to securely and efficiently manage these confidential documents. Alloya has launched a new PPP Document Storage tool to help you do just that!
The Secure PPP Document Storage tool is designed to not only provide storage for sensitive PPP documentation, but also guide you through the process of issuing PPP loans for your business members. The tool includes a complete checklist that acts as a workflow as you collect and organize items received from business members. The tool is also easily accessible through a single sign-on to Premier View and has helpful features that will help you improve efficiencies, remain compliant and – most importantly – give you peace of mind that your business members’ confidential information is safe and secure.
- Secure One-Stop Location for All PPP Document Storage – Premier View is your credit union’s secure one-stop transaction system for cash management, settlement, transactions and more. So, we asked ourselves – why should the system’s capabilities stop there as we face new challenges during the COVID-19 pandemic? Rely on Premier View to provide your credit union with safety and efficiency as you process PPP loans for your business members.
- Capability to Organize Documents by Borrower – Whether you’re providing PPP loans to three business members or 30, the Secure PPP Document Storage tool will make it easier to organize the dozens of documents and files required for each borrower.
- Document Upload Checklist and Progress Bar – For each borrower, the Secure PPP Document Storage tool presents a complete checklist to illustrate which documents are outstanding and tracks your progress toward completion.
- Capability to Upload and Download Documents – As you receive new sensitive documents from your business member borrowers, you can upload them quickly and securely to the Secure PPP Document Storage tool, and easily download them again later for your credit union’s archives as needed.
The Secure PPP Document Storage tool is available to all members of Alloya who have gained SBA-authorization to issue PPP loans to their business members. As with most other product and service offerings at Alloya, the credit union must sign a Product Operating Agreement (POA) and will be charged a nominal fee.
For more information or to sign up for the Secure PPP Document Storage tool, fill out the form below and a member of our team will be in touch to discuss next steps.