New SBA rules on outside capital?

July 30, 2025
by a searcher from University of Richmond in Valparaiso, FL, USA
In the past SBA rules prohibited private capital participating in a material way alongside a searcher. Has the regulatory update changed that status in any meaningful way?
Backstory: we have a handful of searchers we are partnering with and a few of them are interested in increasing their ownership in deals we collaborate on.
from University of Virginia in New York, NY, USA
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA