Articles
As SBA regulations change, we help lending teams stay ahead with industry insights, thoughtful review, strategic advocacy, and real-world solutions for navigating complex legislative and regulatory requirements with confidence. These articles are provided for general information and educational purposes only. It does not solicit, establish, or continue an attorney-client relationship.
SBA Lending | SOP 50 57 4
October 23, 2026
Understanding SBA 7(a) Loan Payment Deferments
The recent interest rate increase has triggered concern among some SBA lenders regarding the impact that future additional interest rate increases could have on borrowers’ ability to continue making their SBA 7(a) loan payments for loans with interest rates based on the
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SBA Lending | SOP 50 10 8
November 12, 2025
Clarification of SBA Business Expansion
SBA Procedural Notice 5000-872764, Revisions to SOP 50 10 8 – 504 and 7a Loan Program Updates (Click Here for the Procedural Notice) became effective on September 30, 2025. One of the
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SBA Lending | SOP 50 10 8
October 23, 2025
Utilization of Interim Loans vs. Interim Advances Under SOP 50 10 8 with Technical Updates
In light of the current government shutdown, lenders may wish to utilize “interim loans” as a means of short-term financing for small business applicants. However, it is important for lenders to understand
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SBA Lending | SOP 50 57 3.1
September 22, 2025
Best Practices for Submitting SBA Litigation Plans
In recent months our lender clients have reported an increase in the number of SBA loan defaults. As such, many SBA lending organizations are revisiting their processes and procedures for Litigation Plans
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SBA Lending | SOP 50 57 3.1
August 27, 2025
Best Practices For Submitting SBA Guaranty Purchase Requests
In a previous article, we shared an announcement from SBA regarding updates to improve the customer service experience at the Commercial Loan Service Centers (“CLSC”). Click here for the communication from SBA.
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SBA Lending | SOP 50 10 7.1
April 2, 2025
SBA Citizenship Requirements
In a previous article, we shared the SBA Policy Notice 5000-865754, Policy updates to comply with Executive Order 14159 regarding citizenship requirements for obtaining 7(a) and 504 loans effective March 7, 2025.
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SBA Lending | SOP 50 10 7.1
March 13, 2025
Clarification Regarding Multi-Step Partial Changes of Ownership
In a previous article (click here to read), we outlined the U.S. Small Business Administration’s (“SBA’”) recent guidance allowing “multi-step partial changes of ownership” transactions as described in SBA Procedural Notice, Control
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SBA Lending | SOP 50 10 7.1
January 15, 2025
Loan Maturities for Change of Ownership Loans
The SBA’s rules regarding maximum allowable loan maturities for various change of ownership transactions have evolved since the effective date of SOP 50 10 7.1. Generally speaking, SBA allows borrowers to use
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Insights
December 26, 2023
Beneficial Ownership Information Reporting Rule
The Financial Crimes Enforcement Network (FinCEN) Beneficial Ownership Information Reporting Rule (the “Reporting Rule”), which becomes effective on January 1, 2024, creates new reporting requirements for most small business borrowers. While lenders
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SBA Lending | SOP 50 10 7.1
November 15, 2023
Credit Not Available Elsewhere Under SOP 50 10 7.1
Pursuant to SOP 50 10 7 (effective August 1, 2023), the Small Business Administration (“SBA”) eliminated the detail required for a lender to determine whether an SBA borrower satisfies the SBA’s credit
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SBA Lending | SOP 50 57 3
August 22, 2023
Explore the Possibility of an Offer in Compromise
Written by Lindsay Cremona, Partner at Jellum Law To assist small business owners who have defaulted on an SBA 7(a) loan and are unable to pay the full amount owed an Offer
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Insights
August 1, 2023
Revised UCC Forms
The International Association of Commercial Administrators (“IACA”) drafts forms that States may adopt, including the UCC-1 financing statement, UCC-3 financing statement amendment, UCC-5 information statement, and UCC-11 information request. Effective July 1,
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SBA Lending | SOP 50 57 2 | SOP 50 57 3
July 11, 2023
How to Maximize Recovery of an SBA Loan with Obtaining Valuation of Collateral
When the defaulted loan is a Small Business Administration (“SBA”) guaranteed loan, lenders must ensure that the liquidation and collection process not only adheres to prudent lending standards, it also must comply
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