Mark your calendar and refresh your checklists.  SOP 50 10 8.1 becomes effective October 1, 2026. The new SOP includes some significant changes. The new SOP folds in…
On August 14, 2026, SBA issued Information Notice 5000-880695, announcing the new SOP 50 10 8.1, which becomes effective October 1, 2026. The new SOP incorporates Policy and…
A business owned in whole or in part by a 401(k) plan — including a Rollover as Business Startup (ROBS) plan — may be eligible for a U.S.…
Lenders routinely request landlord subordination or waiver agreements as a condition of closing an SBA loan to borrowers operating from leased premises owned by a third-party landlord. While…
When an SBA loan involves real estate, construction, renovations, or tenant improvements, mechanics’ liens should be a key consideration for SBA lenders. Although mechanics’ liens are generally governed…
Obtaining a judgment against a borrower or guarantor is an important step in recovering an SBA 7(a) loan, but the battle is not over. A judgment gives the…