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SBA is considering modifications to the 7(a) loan pooling program to better align collateral and pool cash flows, and to sustain the long-term viability of the program. These modifications will also make SBA’s pooling program more like those of other government-sponsored enterprises, which may also increase the liquidity of SBA’s Pool Certificates. SBA is considering changes, including: the alignment of cashflows between the collateral (the guaranteed portion of 7(a) loans) and the security (Pool Certificate); the timely payment of scheduled interest and actual principal; the disclosure of additional loan level information; and, registering such securities in book-entry form.