# 7(a) Working Capital Pilot Program
> **US Small Business Administration** · Notification of pilot program and request for comments. · Published 2024-07-15 · Effective 2024-08-01 · 89 FR 57353
## Document
- **Document number:** 2024-15313
- **Category:** other
- **Agency:** US Small Business Administration
- **Federal Register citation:** 89 FR 57353
- **CFR reference:** 13 CFR 120
- **Publication date:** 2024-07-15
- **Effective date:** 2024-08-01
- **Docket:** Agency Docket Number: SBA-2024-0005
## Abstract

SBA is introducing a new pilot loan program within the 7(a) Loan Program called "7(a) Working Capital Pilot" (WCP) to provide SBA 7(a) guaranteed lines of credit up to $5 million that may be used to support domestic and international transactions with SBA fees due from the Lender that operate as a function of time, charging a proportional amount for each year the facility is in use.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/07/15/2024-15313/7a-working-capital-pilot-program)
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