Skip to main content

Glossary · The loan itself

EPC/OC structure

In short

This refers to a common setup where an Eligible Passive Company (EPC) owns the real estate and leases it to an Operating Company (OC), which runs the business and is the SBA loan borrower. It separates real estate ownership from business operations.

What it means in a deal

The EPC/OC structure is often used when an SBA loan finances both a business acquisition and the real estate it operates from. The OC is the actual borrower, and the EPC often provides the real estate as collateral. Understand that both entities will be linked by lease agreements and potentially cross-guarantees, requiring careful review.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

SOP 50 10 — Lender and Development Company Loan Programs

U.S. Small Business Administration · SBA Standard Operating Procedure

Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.

Common questions about EPC/OC structure

← Browse all glossary terms

Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.

See which SBA lenders would fund your deal

Tell us the business, the price, and where you are — we'll point you to the lenders most likely to approve a 7(a) like yours and flag what trips up approval.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

Scroll