SBA SOP 50 10 8.1, App19.B.8 — International Trade (IT) Loans

sba-sop81-app19-b-8

Verbatim text of SBA SOP 50 10 8.1 (with Technical Policy Updates) section App19.B.8 (International Trade (IT) Loans). Effective 2026-10-01 for applications received by SBA on or after that date; SOP 50 10 8 governs applications submitted through 2026-09-30. 1 provision(s) quoted from SBA's .docx.

This register: .xlsx .csv

See also

SBA lending corpus: SOP 50 10 and the active notices, with the expiry watcher.

Verbatim regulatory text (1)

Verbatim provisions from SBA SOP 50 10 8.1, App19.B.8 — International Trade (IT) Loans — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

SOP 50 10 8.1 App19.B.8

Effective 2026-10-01 · publisher's stamp for this provision

8. International Trade (IT) Loans a. All General Requirements in this Appendix apply to International Trade Loans except as modified below. b. Required Lien Position The Small Business Act, Section 7(a)(16)(B), requires that the Lender take a first lien on the assets financed with IT loan proceeds or other assets of the Applicant. A Lender may request a policy exception from the Director of Financial Assistance (D/FA) if it wishes to make an IT loan that is in second position on the assets financed, provided the second lien provides adequate assurance of repayment of the loan. SBA Lenders may request this policy exception via email at 7adelegatedloanapps@sba.gov If the IT loan is financing working capital, or refinancing a loan used for working capital, the trading assets (including accounts receivable and inventory), are the assets which require a first lien.

Source: SBA SOP 50 10 8.1, App19.B.8 — International Trade (IT) Loans · source URL · snapshot 0fb0c4692cf52938

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Source of record: https://claudeforcompliance.com/regs/sba-sop81-app19-b-8/ · register sba-sop81-app19-b-8 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.