On March 3, 2026, SBA issued a press release highlighting for small business homebuilders the availability of project-based line of credit financing through the 7(a) Working Capital Pilot (WCP) Program. See the WCP Program guide as amended by SBA Procedural Notice 5000-875051, 7(a) Alternative Base Rate Options (effective March 1, 2026) for WCP program requirements. And watch for an upcoming NAGGL podcast where we will discuss this important topic with an SBA expert.
SBA also announced that it will provide a Working Capital Pilot Program Update on Wednesday, March 11, 2026, at 3:00 PM ET. The session is designed to provide material that will be of interest to lenders wanting an introduction to the WCP program as well as those seeking to enhance their knowledge of it. Click to join the event at 3:00 PM ET.
Finally, on Thursday, March 12 at 1 PM ET, NAGGL will be providing a 90-minute webinar on Underwriting Working Capital Lines of Credit. In this session, industry experts will discuss the broader topics of deciding which working capital product to use and how to appropriately underwrite working capital lines of credit.
