On October 1, 2025, the U.S. federal government entered a funding lapse, commonly referred to as a shutdown, after Congress failed to pass the appropriations bills. While essential services remain operational, many federal programs are paused or slowed during a shutdown. Among those affected are government-guaranteed lending programs, such as the SBA and USDA. Here’s […]
Author Archives: phxbiz
What’s New in SBA SOP 50 10 8 (Effective June 1, 2025) The Small Business Administration’s updated Standard Operating Procedure (SOP 50 10 8) introduces significant changes to how it will manage 7(a) and 504 loans. Here’s what to watch for, straight from SBA guidance and procedural notices: 1. Equity Injection & Seller Note Restrictions […]
Typically, when we think about business acquisitions, we envision the big merger-and-acquisition (M&A) deals publicized in national media outlets or the corporate raiders depicted in movies like Wall Street. Today, however, business acquisitions have become a meaningful growth strategy for small businesses all across the United States. They aren’t just for the big leagues. The reality […]
