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SBA

Small Business Administration loan programs and SBA-backed acquisition financing, including SBA 7(a), SOP 50-10, and structuring small-business deals.
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SBA

The SBA 7(a) Playbook for Buying a Closely Held Business: What SOP 50-10 8 Changed and How to Close the Deal

Buying a closely held business on SBA 7(a) means working against a rulebook that changed on June 1, 2025. The playbook: personal guarantees, affiliation rules, Form 155 seller-note standby, SOP 50-10 8 change-of-ownership rules, and the diligence checklist that stops closings.
25 Apr 2026 15 min read
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