
SBA Updated Program Regulations
Effective April 1st, new Standard Operating Procedures (SOPs) take effect for the SBA Loan Programs. Key updates impacting the SBA 504 program include the following:
- Incorporating changes previously implemented on Debt Refinancing and for the 25-year debenture
- Project eligibility updates
- Changes to the franchise review process
- Revised guidance on credit elsewhere regulations
For a customized SBA 504 Program overview or highlights on the updates to the 504 program, contact Carolyn Engel to schedule presentations to meet your needs. Case Studies on how others have benefited from the SBA 504 Program will be provided.
Contact Us with your business financing needs
Carolyn Engel
Business Finance Manager
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