🇺🇸 More flexibility for veterans buying a small business with SBA 7(a) financing. Starting Veterans Day, eligible veteran buyers can cover the entire required equity injection with permitted outside funding. • Who it applies to: Eligible veterans using an SBA 7(a) loan to buy an existing small business. • The equity requirement: At least 10% of total project costs. BUT What’s changing: Permitted outside funding can now cover up to 100% of that required contribution. • Timing: The policy takes effect November 11, 2026, and runs through September 30, 2027. From a lender’s seat, the practical benefit is that veteran who usually have strong resumes but smaller personal reserves coming out of active duty will have flexibility on down payment sources and leaving more cash on hand after closing gives a new owner breathing room for payroll, working capital, and the surprises that come with taking over a business. ^Sarah Andrews and I have been huge supporters of military veterans transitioning to business ownership. This is a welcome enhancement! redacted