Get smart on SBA's business loan program policies
- Understanding SBA’s 2023 final rule revising its regulations on affiliation – effective May 11, 2023 for the 7(a) and 504 loan programs
- What’s changed – How the Affiliation Rule and the SBLC Rule’s removal of the requirement for the loan Authorization have changed the procedures in SOP 50 10 – effective May 11, 2023 and Aug. 1, 2023 for the 7(a) loan program
- SBA 7(a) Connect Quarterly Recording - April 11, 2023 for the 7(a) loan program (topics include the affiliation rule and Community Advantage Pilot Program)
- Community Advantage news – Information Notice 5000-846918, Conversion of CA Pilot Lenders to CA SBLCs – as of May 1, 2023 for the 7(a) Community Advantage Pilot Program
- SOP 50 10 7, Section A, Chapter 1: Core requirements for all 7(a) and 504 loans – Primary applicant eligibility requirements certified by the applicant and verified by SBA – effective Aug. 1, 2023 for the 7(a) and 504 loan programs
- Understanding SBA's "Credit Elsewhere" requirements in accordance with SOP 50 10 7 – effective Aug. 1, 2023 for the 7(a) and 504 loan programs
- "Do what you do" or "What SBA means when it instructs Lenders to use the same policies and procedures for its SBA-guaranteed loans that the Lender uses for its similarly-sized, non-SBA guaranteed commercial loans" for the 7(a) loan program
- Making Standard 7(a) loans (loans greater than $500,000) in accordance with SOP 50 10 7 – effective Aug. 1, 2023 for the 7(a) loan program
- Making 7(a) Small and SBA Express Loans in accordance with SOP 50 10 7 – effective Aug. 1, 2023 for the 7(a) loan program
- Using 7(a) loans to fund partial changes of ownership in accordance with SOP 50 10 7 – effective Aug. 1, 2023 for the 7(a) loan program
- Insurance requirements for 7(a) loans in accordance with SOP 50 10 7 – effective Aug. 1, 2023 for the 7(a) loan program
- Verifying financial information for 7(a) loans in accordance with SOP 50 10 7 – effective Aug. 1, 2023 for the 7(a) loan program
- Navigating SOP 50 10 in Microsoft Word for the 7(a) and 504 loan programs
- Basics of SBA's secondary market sales – as of May 31, 2022 for the 7(a) loan program
- Financing 7(a) loans through secured credit agreements – as of June 3, 2022 for the 7(a) loan program
- SBA call with CA Pilot Lenders on transitioning to CA SBLCs and updates on recent 7(a) loan program changes Includes audience Q&A. – June 7, 2023 for the 7(a) Community Advantage Pilot Program