SBA Hot Topic Tuesday — The New SBA (7a) Debt Refinance Rules

May 5, 2015 By Bob Coleman Editor, SBA Hot Topic Tuesday The major change in the SBA SOP 5010 (H) released yesterday is debt refinance eligibility. In the new SOP, SBA has simplified the documentation for the applicant and the lender. Debt on the business balance sheet is eligible to be refinanced if it the…

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Coleman SBA News Flash — New SBA SOP 5010 5(H) Released Today

May 4, 2015 By Bob Coleman Editor, Coleman Report SBA released the latest version of SBA’s 5010 today. Note the SOP 5010 5 (H) is effective last Friday. However, since most of the changes are in the streamlining/lender friendly mode this should not negatively impact the vast majority of lenders. Just pay attention to the…

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