How SBA Lenders Are Structuring LSP Agreements Under SOP 50 10 8 — Wed, July 15
Coleman Professional Webinar Training
Date: Wednesday, July 15, 2026
Time: 2:00 p.m. Eastern
Includes e-certification & recording
Most SBA lenders work with Lender Service Providers. Fewer have revisited whether their agreements fully reflect the responsibilities, oversight requirements, and documentation standards outlined in SBA’s June 1, 2025 SOP 50 10 8.
The revised SOP places increased emphasis on lender oversight, documentation, agent relationships, and responsibilities that remain with the lender regardless of third-party involvement. As a result, many institutions are evaluating whether their existing LSP agreements continue to support their SBA lending operations and risk management framework.
This session features David Parrish, former Manager of SBA’s Secondary Market Group within the Office of Capital Access.
During nearly two decades at SBA, David oversaw key aspects of the Agency’s secondary-market operations, including securitization and loan-sale activities. Through Deerwood Advisors, he now advises lenders on SBA lending strategy, secondary market execution, capital sourcing, and regulatory compliance.
This is not a review of contract boilerplate. It is a working discussion of how lenders are defining responsibilities, documenting oversight, and structuring relationships with Lender Service Providers under the current SOP.
The discussion will focus on the provisions that become important when SBA reviews a loan file, when underwriting or eligibility decisions are questioned, and when lenders must demonstrate who performed specific functions during the loan process.
Topics include:
• Defining responsibilities between the lender and the LSP
• Underwriting, eligibility, and documentation requirements
• Credit memo preparation and lender review standards
• Quality control and oversight expectations
• Agent compensation and fee compliance considerations
• Record retention and access requirements
• Vendor management and third-party risk considerations
• Audit rights and performance standards
• Indemnification provisions and allocation of liability
• Practical lessons from SBA lending relationships
Lenders have adopted a wide range of approaches to managing LSP relationships. This session provides an opportunity to compare how institutions are structuring these agreements, understand the practical implications of SOP 50 10 8, and evaluate whether existing contracts continue to support the lender’s SBA program responsibilities.
The timing is particularly relevant given SOP 50 10 8’s specific provisions on Lender Service Provider eligibility, agent relationships, and fee requirements, which directly affect lender-LSP arrangements.
For institutions that work with an LSP—or are considering one—this session offers a practical framework for evaluating the agreement that governs that relationship.
How the Webinar Works
We use Microsoft Teams as the webinar platform.
Recording
All Coleman webinars are recorded, and a link is sent to all attendees.
Single Site License
The single-site license grants your institution one viewing of the webinar. It is permissible to use a single-site license on one device in a conference room for multiple attendees to view. The webinar can be viewed on any device.
Multiple Site License
A multiple-site license is an unlimited access pass for anyone at your institution. You will be given a link that anyone in your email domain can use.
Webinar Links and Handouts
The webinar link will be sent out prior to the session, and included again when we send the presentation and handouts.
Participants Earn Certificates of Participation
All Coleman Webinar attendees will receive a certificate of participation. This documents your continuing education history for SBA and your regulators.
Questions
Questions throughout the webinar are strongly encouraged. There are two ways to ask a question. The first is to ask the question via the chat in Microsoft Teams. The second is to send an email to anna@colemanreport.com. Also, feel free to ask pre and post-webinar questions.
The Fine Print
1) Substitutions are allowed at no charge.
2) Cancellations receive a 100% credit for any Coleman product.
3) As with all our products, we offer a 100% money back satisfaction guarantee — no questions asked.
3 Easy Ways to Order
1) ONLINE — Register and pay online via QuickBooks
2) EMAIL –Send an email to cindy@colemanreport.com with “Webinar Registration” in the Subject Line. We will do all the paperwork and either send you a sales receipt or an invoice.
3) PHONE — Call us at 818-790-4591.