Underwriting SBA 7(a) Small Loans Under SOP 50 10 8.1 — Wed, Oct 7
New DSCR, Bank Statement and Credit Memo Requirements Effective October 1
A Coleman Professional Training Webinar
Date: Wednesday, October 7, 2026
Time: 2:00 p.m. Eastern
Includes e-certification & recording
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SOP 50 10 8.1 takes effect October 1 and sets the underwriting requirements for SBA 7(a) Small loans up to $350,000.
Lenders must use prudent credit analysis consistent with their similarly sized conventional commercial loans. The credit memo must address credit history, repayment ability and Credit Elsewhere. For repayment ability, the borrower must show a minimum 1.10x DSCR using historical financial information or permitted projections.
The new SOP also requires lenders to review the two most recent months of activity or statements from the borrower’s primary operating bank account. Michael Bland will show lenders how to perform and document that review — what to look for in the account activity, how to reconcile recurring payments to disclosed debt, and how to identify MCAs and other commercial obligations.
The session will also cover the complete 7(a) Small underwriting process under SOP 50 10 8.1, including DSCR, projections, credit reports, Credit Elsewhere, working capital and the lender’s final credit decision.
What Michael Bland Will Cover
- New 7(a) Small underwriting requirements effective October 1
- Calculating the 1.10x minimum DSCR
- Historical financial statements and when 12-month projections may be used
- How to document the required two-month bank statement review
- Reconciling bank activity to debts included in DSCR
- Identifying MCAs, recurring ACH payments and other commercial obligations
- How to analyze and document MCA debt, including the new SBA refinancing rules
- Working capital justification and documentation under the new SOP
- Credit reports, credit scoring and Credit Elsewhere
- What must be documented in the 7(a) Small credit memo
SOP 50 10 8.1 adds new working capital documentation requirements for certain 7(a) Small loans. Michael will show lenders when additional justification is required, what SBA expects the lender to address, and how to document the analysis in the credit memo.
About Michael Bland
Michael Bland is a 30+ year SBA veteran underwriter and Chief Credit Officer. His Coleman webinars focus on the credit decisions SBA underwriters make every day and how to document them.
Who Should Attend
SBA underwriters, credit officers, SBA program managers, senior lenders and executives responsible for 7(a) Small lending.
How the Webinar Works
We use Microsoft Teams as the webinar platform. 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 to be viewed by multiple attendees 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 will be usable to anyone with your email domain.
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 818-974-8934.
Bob Coleman
Publisher, Coleman Report
bob@colemanreport.com