SBA SOP 50 10 8.1, App20.B.5 — CAPLines

sba-sop81-app20-b-5

Verbatim text of SBA SOP 50 10 8.1 (with Technical Policy Updates) section App20.B.5 (CAPLines). 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, App20.B.5 — CAPLines — 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 App20.B.5

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

5. CAPLines a. All general requirements set forth in the General Requirements section apply. In addition, the Lender must obtain and provide the following as applicable for each type of CAPLine: b. Working Capital CAPLine: If the Working Capital CAPLine will be disbursed using a BBC, a sample Borrowing Base Calculation. If the Lender will not be using a BBC, Lender must provide a collateral basis calculation. c. Seasonal CAPLine: d. Documentation of the seasonal nature of the business (i.e., month-by-month historical documentation of the needs); and e. Applicant prepared month-to-month cash flow projection for the upcoming 12 months. f. Contract CAPLine: g. A project cost schedule depicting all direct material, labor, and overhead costs attributable to the contract to be financed. Profit may not be included. The schedule must illustrate each cost by line item; h. A current annual income statement depicting the changes (increases/decreases) in operating, investing, and financing cash flow for repayment; and i. A copy of the contract(s) being financed by the Contract CAPLine. j. Builders CAPLine: k. Month-to-month cash flow for all work to be performed by Applicant; l. A letter from: m. A mortgage lender indicating that permanent mortgage financing is available to qualified purchasers to buy such properties; n. A real estate broker indicating that a market exists for the proposed building and that it will be compatible with its neighborhood; and o. An architect, appraiser, or engineer agreeing to make inspections and certifications to support interim disbursements. p. A letter from a Lender who has its own real estate lending department, staffed by personnel with appraisal and engineering experience may be substituted for one or more of the letters required in b)i-iii) above. See Section B, Ch. 6, Para. D for additional requirements for loan closing and disbursement.

Source: SBA SOP 50 10 8.1, App20.B.5 — CAPLines · source URL · snapshot 0fb0c4692cf52938

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Source of record: https://claudeforcompliance.com/regs/sba-sop81-app20-b-5/ · register sba-sop81-app20-b-5 · 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.