Accessing federal tax returns is crucial for evaluating a potential borrower’s creditworthiness. Our experts break down the critical aspects lenders need to know about amended returns to ensure smoother and more accurate loan processing.

Chicago-based Byline Bank is the nation’s second largest Small Business Association (SBA) lender, with close to $1 billion in assets. To realize this success, Byline Bank has had to navigate a substantial amount of risk. See how Tax Guard helped streamline their process.

Recently, many small businesses with thin credit profiles have needed funding as soon as possible to survive. BayFirst National Bank was looking to rise to the occasion and confidently offer rapid assistance to as many borrowers as possible. Read more to learn how they reached this goal with the help of Tax Guard.

Kapitus, a small business lender, needed assistance in reliably identifying applicant tax debts. They needed to collect tax transcripts to verify borrower information and prevent potential loan fraud. Find out how partnering with Tax Guard created peace of mind for this lender.

Verifying a borrower’s income with the help of IRS tax return transcripts sounds simple, but unfortunately, the reality is often far more complicated. It’s not uncommon for lenders looking to verify a borrower’s tax returns with the IRS to receive a “no record found” notice. Learn more about the common pitfalls that can stop a loan in its tracks.

With today’s economic uncertainty, lenders seeking to protect their institutions from bad loans turn down small business credit applications at a higher rate than consumer applications. What’s the answer for small business lenders? Read more to find out.

If you’ve ever embarked on completing the IRS Form 4506-C with a borrower, you’ve probably found yourself wishing there was a faster way to receive tax return transcripts and tax compliance data. We’re here with good news! 

As the U.S. economy prepares to enter the 10th year of the current economic expansion, memories of the Great Recession are fading. Buoyed by stable interest rates, small and medium-sized …

In our previous post, “The Art and Science of Sniffing out Fraud”, we discussed the distinction between those business loan applicants that are committing large-scale, criminal fraud and those that …