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About Ethan W. Smith

Best Practices: What the SOP Technical Policy Updates Actually Change for 7(a) Lenders

SBA issued a technical update to SOP 50 10 8.1 on September 25, 2026. Although many revisions are administrative, several will affect how lenders process their loan files.…
  • September 30, 2026
  • Ethan W. Smith

Best Practices: Reviewing Trust Documentation in SBA Loans

Trusts are a regular feature in SBA loan structures, particularly where ownership, real estate, or estate planning considerations intersect. For lenders, that means trust documentation should never be…
  • July 1, 2026
  • Ethan W. Smith

Best Practices: Starfield & Smith Launches Initiative to Recognize Excellence in Checklist Design

At Starfield & Smith, we are pleased to announce a new internal initiative dedicated to one of the Firm’s most quietly admired professional skills: checklist design. For years,…
  • April 1, 2026
  • Ethan W. Smith

Best Practices: Pause Before You Prompt: What SBA Lenders Need to Know About AI and Legal Privilege

Artificial intelligence is already helping commercial lenders streamline intake, review financial information, detect fraud, summarize documents, and speed routine communications. For SBA lending teams, those efficiencies are attractive,…
  • March 18, 2026
  • Ethan W. Smith

Best Practices: A Holiday Reminder for Keeping Your 7(a) Guaranty Off the “Naughty” List

At Starfield & Smith, we see one theme every year: lenders who take SBA compliance seriously keep their 7(a) guaranties intact. Those who don’t often find themselves on…
  • December 10, 2025
  • Ethan W. Smith

Best Practices: Understanding and Managing Your PARRiS 5-Year Cumulative Net Yield

The SBA’s PARRiS protocol may not be new, but it continues to play a critical role in how SBA evaluates 7(a) lenders. Designed to help the Agency assess…
  • July 29, 2025
  • Ethan W. Smith
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