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Understanding the SBA SOP 50 10 8 Changes for Your Small Business Loan
Are you a small business owner or franchisee looking to fund your venture with an SBA loan? The new SBA Standard Operating Procedure effective June 1, 2025, introduces critical updates to the rules governing 7(a) loans, affecting eligibility, underwriting, and application processes. Let’s break down the key changes and show how LoanBox’s platform helps you navigate them to secure funding efficiently.