SBA & USDA News

The information you need
before you apply

Rate changes, rule updates, and program announcements that affect your loan application — explained in plain English, not government jargon. Because what you don't know can cost you the deal.

Updated as news breaks
Written for borrowers, not regulators
SBA & USDA coverage since 2011
Free — always
The Problem
Most borrowers apply with outdated information

SBA rules, rates, and program requirements change multiple times per year. A borrower working from information that's six months old may target the wrong program, approach the wrong lender, or submit documentation that no longer meets current standards. The result is delays, rejections, and wasted months — none of which reflect the underlying strength of the business.

The Solution
Current intelligence before you engage a lender

We track SBA and USDA rule changes, rate movements, and program updates so you don't have to. Read what changed, understand what it means for your application, and take the eligibility quiz for a quick self-check on the basic hurdles — before you invest weeks in an application built on stale assumptions.

Featured Story
SBA Policy · March 2026

Seven significant changes to SBA lending rules took effect in fiscal year 2025 and continue to shape approvals in 2026. Most borrowers still don't know about them. Here's what changed across the 7(a), 504, and Express programs — and what each change means if you're planning to apply this year.

8 min read·SBA Policy·Affects all SBA programs
Read the full story
Rate Watch

The Fed held rates at its March meeting. Here's exactly what that means for 7(a) variable rates and how to think about fixed vs. variable right now.

March 2026 · 3 min read
USDA News

Projects over $200K are eligible for both grant and loan guarantee components. Quarterly windows are short — here's what you need to prepare before applying.

March 2026 · 4 min read
SBA · Franchises

Franchise buyers: verify your brand's listing status before applying. An unlisted brand adds weeks to the SBA approval timeline.

March 2026 · 2 min read
Latest News
Program Update

The cumulative 7(a)+504 cap doubled to $10 million on July 4, 2026 — but the per-loan maximums didn't change. Here's what that actually means for borrowers.

Program Spotlight

A monitored SBA line of credit up to $5 million, with transaction-based and asset-based options and a pay-as-you-go fee. Built for businesses with real working-capital cycles.

SBA · Eligibility

As of March 1, 2026, 100% of ownership must be held by U.S. citizens or U.S. nationals. Green card holders, visa holders, and DACA recipients are excluded — a reversal of the 2025 rule.

Rule Changes

The SBSS credit score requirement was discontinued for federally regulated lenders in March 2026, replaced by a commercial credit analysis and a minimum 1.1x debt-service-coverage ratio.

Rule Changes

The full rundown of SBA's tightened lending standards — CAIVRS hard stops, the citizenship rule, the retired SBSS score, MCA limits — plus the new $10M combined limit.

Rule Changes

A CAIVRS hit — from a defaulted student loan, FHA mortgage, or prior SBA loan — is now an automatic disqualifier for any owner with a 20%+ stake.

Rule Changes

SBA proceeds can no longer pay off merchant cash advances, and existing MCA debt now counts in your debt-service-coverage calculation.

Rule Changes

The threshold for pledging available collateral fell from $500,000 to $50,000, meaning lenders now secure assets on nearly all 7(a) loans.

SBA · Franchises

The SBA reinstated its Franchise Directory. If your brand isn't listed, the loan can't proceed — verify your brand's status before you apply.

SBA · Manufacturing

Manufacturing businesses get zero upfront guaranty fees on 7(a) loans up to $950K and on all 504 manufacturing loans through the end of FY2026.

SBA · Manufacturing

The Manufacturers' Access to Revolving Credit program is the SBA's first revolving credit product built specifically for manufacturers.

Rate Watch

Where 7(a) variable and 504 fixed rates stand, the current maximum rate ceilings by loan size, and how to think about fixed vs. variable right now.

Rate Watch

The Fed's rate hold flows straight through to SBA 7(a) variable pricing. Here's what borrowers are paying now and how to plan around it.

USDA · Rural

REAP grant windows remain paused. Here's what rural energy borrowers can do in the meantime, including the loan-guarantee side of the program.

See where you stand — free

The quiz takes 60 seconds — a free self-check to see whether you meet the basic hurdles for the SBA loan program. No sign-up, no obligation.

Take the Free Eligibility Quiz
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