Navigating the New SBA SOP 50 10 8: What Commercial Borrowers Need to Know (June 2025)
Starting June 1, 2025, the U.S. Small Business Administration (SBA) implemented sweeping changes to its lending standards with the release of SOP 50 10 8. These revisions mark a return to more conservative underwriting practices, significantly impacting how businesses—especially startups and those seeking acquisition financing—access SBA-backed loans. Here’s what commercial...