Effective March 1, 2026, SBA lenders obtaining SBA approval for 7(a) Small Loans must adhere to SBA Procedural Notice 5000-875701 (the “Notice”), published January 16, 2026. SBA announced it…
When SBA lenders evaluate title risk, the focus is often on liens, ownership, and access. However, restrictive covenants and deed restrictions — often buried deep in recorded documents…
Best-Practice Guidance for Lenders When a borrower defaults, some lenders consider allowing them to "self-liquidate" the collateral. In this context, self-liquidation means the borrower arranges the sale of…
On December 19, 2025, the SBA announced important revisions to the citizenship and residency requirements set forth in Standard Operating Procedure (SOP) 50 10 8. These changes will…
The release of SOP 50 57 (Edition 4) introduced a new loan status—SBA Uncollectible—that sits between lender wrap-up and final SBA charge-off. While the designation is largely administrative…
Navigating the financial landscape of SBA 7(a) lending requires a precise understanding of allowable fees and expenses and prohibited charges. For lenders, clarity on fee structures isn’t just about pricing…
