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…

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…

With the issuance of SOP 50 10 8 and the changes it brought to SBA lending, now is a good time to review your internal policies to ensure…

Lenders must ensure they maintain the proper lien position on a borrower’s business assets throughout the life of an SBA loan. Most SBA 7(a) loans are secured by…

With the issuance of SOP 50 10 8, which became effective June 1, 2025, SBA 7a Lenders with delegated PLP authority have had to make some changes in…