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The newest SBA SOP 50 10 8 update is here—and it's a game‑changer. Beau Eckstein unpacks every major underwriting change, from mandatory limited personal guarantees on partial buyouts to higher SbSS credit‑score cutoffs and the long‑awaited return of the 10 % cash‑injection rule for startups. If you're planning an SBA 7(a) or 504 loan—or in the middle of a deal—watch this FIRST so your structure doesn't get shot down after June 1.