How to Import a Loan Tape for Sale on the Capstack Technologies Platform.

Learn the simple process of importing a loan tape for sale on the Capstack platform.

02 Jan 2025 By John Roberts

In this guide, we'll learn how to import a loan tape for sale on the Capstack platform. We will use Ameris Bank as an example of the bank loading loans for sale. This process involves selecting the appropriate loan tape and uploading it to make the loans available in the marketplace. We will briefly show how potential buyer can view loan details and initiate purchase requests. This guide aims to streamline the loan sale process and facilitate transactions between sellers and buyers.

Let's get started

Again, This guide will show you how to import a loan tape when you have loans for sale.

In this example, we are acting as Ameris Bank. On your bank's homepage, you can click on "Import Tape" or go directly to the tapes page and select "Import Loan Tape." Choose the tape with the loans you want to import, click "Open," verify the correct loans are selected, and then click "Submit."

Step #1: Click on "Import loan tape" — Click on "Import loan tape"

Step #2: The system will open your "Files". Navigate to where you have the loan tape saved and select it. Here, we have chosen $298mm CRE loans to import. — The system will open your "Files". Navigate to where you have the loan tape saved and select it. Here, we have chosen $298mm CRE loans to import.

Step #3: Click on "Open" — Click on "Open"

Step #4: The system will display the loan tape that you have chosen. — The system will display the loan tape that you have chosen.

Step #5: Click on "Submit" — Click on "Submit"

The system will verify that the proper headers are in the tape and ensure the data is in the correct format. It will then process the tape, which will be uploaded shortly. If there are any errors, the system will identify the errors and the correction is a simple process.

Once the tape is loaded, you'll see an example like this. This means the loans are now live and listed for sale on the Capstack platform. They will appear in the Capstack marketplace under the whole loan section, totaling 298 million.

Step #7: A potential buyer would click on the "Whole loans" tab in the marketplace. — A potential buyer would click on the "Whole loans" tab in the marketplace.

Step #8: The live Marketplace will display the loans that have been loaded. Here you see the $298mm CRE multifamily loans (8 loans) that have been loaded. — The live Marketplace will display the loans that have been loaded. Here you see the $298mm CRE multifamily loans (8 loans) that have been loaded.

If a buyer is interested in these loans, they can click on the tile to view a tear sheet with basic loan information.

There is nothing displayed on the tear sheet that would reveal the selling bank or the banks borrower to the potential buyer. You can also see the geographic distribution of these loans in the tear sheet.

If a potential buyer is interested in learning more and possibly purchasing these loans, they would click on "Submit Request." This request is sent to the selling bank. If the selling bank approves the request, a negotiation would begin. At this point, the buyer and seller would also simultaneously discover each other's identities. As a reminder, you will not be able to negotiate with any counterparty on the platform that has not signed our Terms of Service. Within the Terms of Service is a multilateral NDA. In short, you have a legal NDA with anyone that you come in contact with in a negotiation.

And that is how loans are loaded onto the platform for sale. Please call or email with any questions. Thank you very much.