SBA Debt Refinance Essentials
SBA debt refinancing can get complicated – and staying aligned with SBA guidelines for Lenders is essential. The latest SBA guidance in SOP 50 10 8 provides clarification on multiple issues. They’ve updated how debt refinancing is handled, and they’ve also reinforced the importance of the long-standing message that SBA loans aren’t intended to transfer risk or cover Lender losses.
Rebecca Mendoza
Aug 1
What’s New in SBA Change of Ownership Rules? Here’s the Scoop on SOP 50 10 8
We all know the rules around ownership changes can get a little tricky, especially when navigating SBA guidelines for lenders. But here’s the good news: the SBA made some helpful updates in SOP 50 10 8.
Whether you're financing a full buyout or just shifting ownership between partners, these changes are worth knowing. Let’s break down what’s new.
Rebecca Mendoza
Jul 7
Updated Applicant Certification Requirements
Applicant certification requirements under the recently-released SOP 50 10 8 are a mix of new, changed, and familiar.
Many of the Applicant certifications can be found in the current Form 1919 from February 2025. However, we’ve heard that an updated Form 1919 is on the way, though its release date – and its changes – haven’t yet been announced.
Rebecca Mendoza
Jun 6