SBA & USDA Lending Solutions

without hiring staff or incurring capital expenditures

SBA and USDA Blog

10 Lesser-Known SOP Changes

There has been ample discussion in the SBA space about the widespread changes implemented by the new SOP 50 10 7, effective August 1, 2023.  Most people have heard of the “do what you do” concept, allowing for partial changes of ownership, updates to the equity injection source and verification, and more.  However, the new

Read More »

“Do What You Do”: Adapting to the 2023 SBA SOP Changes

The new SBA SOP 50 10 7 raised several questions surrounding the concept of applying to SBA loans the policies lenders would follow for “similarly-sized, non-SBA guaranteed commercial loans”.  The SBA has continued to expand what is referred to as the “do what you do” concept to give lenders more flexibility with structuring, underwriting, closing and

Read More »

New 2023 SBA Procedural Notices: Key Takeaways for Lenders

UPDATED: May 19, 2023 for SBA’s Delayed Implementation of Removal of SBA Authorization. Windsor Advantage will continue updating this article with the latest changes as they are announced. In early May the SBA released two procedural notices (SBA Procedural Notices 5000-846607 and 5000-846991) in anticipation of the latest SBA SOP 50 10 7.  The SOP

Read More »

Credit Elsewhere Analysis for the SBA Loan Credit Memo: Updated 2023

What lenders need to know about the SBA’s renewed focus on the credit elsewhere analysis, and how to write more efficient analyses for the SBA loan approval process. The credit elsewhere analysis is a required component of the SBA 7(a) loan credit memo and must pass the SBA’s standards to prevent timeline delays in obtaining

Read More »

Why Develop an SBA 7(a) Small Loans Strategy

This article is excerpted from The Windsor Advantage Mid-Year Lending Report, a market outlook for government-guaranteed lenders. Lenders that can adapt to processing higher quantities of smaller loans may be better prepared for the future landscape of SBA lending based on 2022 behavior and data. A key initiative for the SBA in 2022 is increasing

Read More »
Scroll to Top
Scroll to Top