[splurge37]

I actually think that many of those will still be off-limits. But nonprofits will finally be eligible, as they are removing the biggest requirement the SBA had: must be for profit. The rest, I really have no idea. Can't imagine they'll allow brokers to be eligible.

Brokers can potentially be eligible, I have seen them approved and funded - but that is not every broker, SBA is very nuanced and it is not a simple answer. Here's a read if anyone's interested. It's the SBA's SOP's (368 pages) outlining the specifics of the SBA program.

That being said, as an SBA insider I've personally seen 3 different versions of the bill being considered. Until we have something passed, it's really tough to speculate on what the final language will contain. I'm optimistic SBA lending will be supercharged, regardless.

Demand is very strong, and should only continue to grow.

SmartBiz is the top national originator of SBA loans under $350k - jared.kogan@smartbizloans.com