Understanding EPC/OC Eligibility and Structure


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Thursday, October 08, 2026 12:00 PM - 1:30 PM   iCalendar Central Standard Time

LIVE Presentation Runs (90 minutes):    1:00-2:30 pm Eastern | 12:00-1:30 pm Central | 11:00 am-12:30 pm Mountain | 10:00 -11:30 am Pacific

Fee (per person):

  • Members:   1 person: $405 | 2-5 people: $295 each | 6-10 people: $200 each | 11-20 people: $150 each
  • Non-Members:   1 person: $750 | 2-5 people: $495 each | 6-10 people: $350 each | 11-20 people: $275 each
  • Government:   Contact NAGGL >
  • Need more than 20 connections?   Contact NAGGL >

SBA prohibits financing for an applicant that generates passive income – with the exception known as the Eligible Passive Company (EPC) rule. SBA allows an EPC to own an asset (real or personal property) which is 100% leased to or more Operating Companies (OC or the small business applicant). Because the EPC rule is a departure from the prohibition against passive income financing, EPC requirements are interpreted very strictly, and lenders must carefully follow the rules to avoid putting the SBA guaranty at risk. This session explores the intricacies of the rule, how to determine eligibility, and how to document the file to protect the guaranty.

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