SBA's New SOP: Changes, Impacts, and Industry Reactions | Ep. 57 | The BDO Show

Welcome back to The BDO Show—where SOPs change faster than a Tampa street scene and SBA rumors become reality. 🌊 📢 In this episode, we break down the brand new SBA SOP—what's changing, who's winning, who's losing, and how the industry is reacting. Chris Hackney, Sterling Birdsong, and Emily Detor (with a surprise Ray Drew appearance) unpack: 🔹 Why the new seller note rules are causing waves 🔹 How the SBA is tightening up MCA refinancing (and why it's controversial) 🔹 What the end of partial buyouts might mean for business succession 🔹 Why small loan changes are confusing lenders—and borrowers alike 🔹 The political and practical realities behind these sweeping updates From equity injection drama to MCA crackdowns, we're diving into the real-world impacts behind the SBA's latest moves. Whether you're a BDO, broker, borrower—or just a fan of good banter—you won't want to miss this one. 👉 Got thoughts or questions on the new SOP? Send them our way at [email protected]. 📺 Like, subscribe, and stay tuned for more industry updates, hot takes, and special guests. 🎙This episode is sponsored by: SBA Protection SBA Protection Quick Close Life Insurance – the fastest, easiest way to secure the insurance protection your borrower needs for their SBA loan. For more information, visit their website https://sbaprotection.com/ or email Adam Bergen at [email protected] ReSquared Finding and engaging small business owners has never been easier.  Resquared is the go-to platform for Business Development Officers looking to connect with local business owners—faster and effectively. They help you find the right prospects effortlessly. Schedule a demo today at http://landing.re2.ai/bdo