Clarification on new 7a rules (June 2025)

May 20, 2025
by a searcher from Washington University in St. Louis in St. Louis, MO, USA
A broker was explaining to me yesterday that the changes will require deals with any form of seller financing to be collateralized by the seller? Can anyone clarify and/or confirm I understood this correctly? How is this different from the current rules in place?
in Ponte Vedra Beach, FL 32082, USA
from University of Iowa in Chicago, IL, USA