For many lenders, collateral perfection remains one of the most critical — yet often misunderstood — aspects of SBA compliance. Among the collateral types that present unique challenges are…

Substitution of real estate collateral is a servicing action that SBA lenders occasionally face when a borrower requests to release existing real estate collateral in exchange for a…

Under the new SOP 50 10 8, effective June 1, 2025, the use of 7(a) loan proceeds to finance partial changes of ownership remains permissible, consistent with 13…

When Lenders are dealing with a borrower who is falling behind on payments or moving into default territory, it may be hard for a lender to determine when…

SOP 50 10 8, which became effective on June 1, 2025, restored some of the prudent practices standards from prior SOPs as well as added some needed, clear…

The U.S. Small Business Administration (“SBA”) has strict eligibility standards for its 7(a) and 504 loan programs.  In the current SOP 50 10 (8), the SBA removed the…