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Client Alert: SBA Issues SOP 50 10 8: Key Changes Impacting SBA 7(a) Lending
On April 22, 2025, the U.S. Small Business Administration (“SBA”) released Information Notice 5000-866746, announcing the ...
Trump’s Proposed Student Loan Transfer To SBA: What 40 Million Borrowers Should Know
Trump announced plans to transfer the federal student loans from the Education Department to the SBA. Here’s what could change for borrowers—and what would stay the same ...
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SBA Franchise Directory Reinstated, Easing Loan Access for Franchisees
Effective June 1, 2025, the U.S. Small Business Administration (SBA) will reinstate its Franchise Directory, a critical development for ...
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SBA Reinstates Safeguards to Protect 7(a) Loan Program and Taxpayers
The U.S. Small Business Administration (SBA) has announced significant policy changes to the 7(a) loan program, reversing ...
4 Ways the SBA Just Tightened Its Underwriting Standards
The new standards will kick in on June 1, allowing lenders time to review and prepare for the changes. Much of the underwriting reverts to standards that the agency had in place for years prior to the ...
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The best small business loans if you have bad credit but still need access to cash
Small business loans can be instrumental in helping businesses reach new heights. Getting approved for them, however, can sometimes be challenging for borrowers with lower personal credit scores ...
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SBA Reinstates Franchise Directory, Adopts New Underwriting Standards
The SBA implemented the directory in 2018 during President Trump’s first term. The index was a running list of brands and franchised business models that met eligibility standards for loans and ...