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When loans are sold on the secondary market, and you as the Lender have requested SBA to repurchase the loan from the investor, next...

There’s either a Technical Update or revised SOP 50 10 7 coming soon, but who knows when “soon” will be. So, “Do what you do – until we...

There are a lot of changes in the new SOPs 50 10 7 and 50 57 3 , and all of them are effective 8/1/2023. Yikes. That’s just a few days...

We’ve written before about the importance of staying on top of your 1502 reporting to the SBA. There have been a few recent updates, so...

As we’re sure you recall, we discussed documenting equity injections in an article back in August of 2021. (Yes, that was a while ago....

It’s here – what we’ve all been waiting for: the latest update for SOP 50 10 7, Lender and Development Company Loan Programs! (You have...

EPC/OC loans aren’t all that difficult. But that doesn’t mean things don’t get missed! Sometimes the simpler something is, the easier it...

You knew it was coming – and yes, it’s here: Prime rate increases have been on the rise. On March 15th of 2020, the Prime rate went back...

We've been hearing it's been a challenge for SBA 7a lenders to find, hire, and maintain an experienced SBA 7a lending team. Whether it's...

Welcome to the final article in our series on SBA Screen Outs. You can find the others by following these links: Errors in Loan...