Changes Ahead: What the New SOP 50 10 8 Means for You

The SBA’s updated Standard Operating Procedure (SOP 50 10 8) effective June 1, 2025, brings a number of important changes for lenders and Certified Development Companies (CDCs). Some updates are familiar, reflecting policy shifts we’ve seen in recent SBA notices, while others are brand-new. Below previews what’s changing and what it means for the lending community: Changes We Expected: More ...

7(a) Fees Are Back!

It's Time to Reevaluate the 504 Loan Advantage. There has never been a better time for businesses considering an SBA loan to choose the 504 loan program. Effective March 27, 2025, SBA reinstated fees on 7(a) loans for the remainder of FY 2025, making the 504 program even more cost-effective. The newly announced changes to 7(a) loan fees will increase ...