As lenders begin to underwrite new loans under SOP 50 10 8.1, effective October 1, 2026, it’s important to pay close attention to the revised change of ownership…
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.…
Certified Development Companies (“CDCs”) have many responsibilities when analyzing real property collateral for a potential 504 loan and the SBA has now added a new requirement to the…
Bankruptcy filings are continuing to rise in 2026, and small business restructurings are increasing at an even faster pace. According to Epiq AACER, total U.S. bankruptcy filings increased 8% in…
SOP 50 10 8.1 is set to take effect for all SBA loans approved on or after October 1, 2026. In this article, we will explore the new…
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…