SBA & USDA Lending Solutions

without hiring staff or incurring capital expenditures

SBA and USDA Blog

Equity Injection Requirements for SBA Loan Underwriting (Updated for 2024)

This article explains the SBA SOP 2023 changes to equity injection verification for SBA loans, and provides best practices for further developing an internal equity injection policy for SBA lending in 2024. SOP 50 10 6 provided clear guidance on eligible versus ineligible sources of equity, and included very strict minimum requirements necessary to document

Read More »

SBA SOP Education: Policy Exceptions for Lease Terms

This SBA Underwriting Quick Tip comes from the Windsor Advantage SBA Newsletter, a newsletter sharing the latest from our experts in SBA SOP Education and SBA lending trends. How do lenders handle new requirements in the SOP for borrowers in leased space with lease terms that end before the term of the loan Historically the

Read More »

9 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 »
Scroll to Top
Scroll to Top