• SBA Best Practices: SOP 50 10 5 (J) and Its Updated Equity Injection Requirements
  • November 2, 2017
  • If you're a Small Business Administration ("SBA") lender, add to your list of New Year's resolutions becoming familiar with Standard Operating Procedure ("SOP") 50 10 5 (J). Announced October 16, 2017, SOP 50 10 5 (J) becomes effective January 1, 2018. SOP 50 10 5 (J) includes substantive changes to the SBA's equity injection requirements for applicants financing start-up businesses and/or changes of ownership.