{"ok":true,"canonical_url":"https://dealroom.so/glossary/account-control-agreement","api_url":"https://dealroom.so/api/public/glossary/account-control-agreement","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"account-control-agreement","term":"Account control agreement","aka":"ACA","group":"People and paperwork","definition":"This is a legal agreement between a borrower, a lender, and a bank holding a deposit account. It gives the lender control over the funds in that account under specific conditions.","what_it_means":"Lenders often require an Account Control Agreement for certain collateral, like cash accounts or investment accounts, where they want to perfect a lien. This ensures that if the loan defaults, the lender can access those funds directly. You'll need to cooperate with setting these up for any restricted cash collateral.","url":"https://dealroom.so/glossary/account-control-agreement","official_sources":[],"related":[{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"perfect-lien","term":"Perfect lien","url":"https://dealroom.so/glossary/perfect-lien"},{"slug":"security-interest","term":"Security Interest","url":"https://dealroom.so/glossary/security-interest"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"}],"related_questions":[{"question":"How does the SBA evaluate a franchise agreement not on the directory for acceptable franchisor control provisions?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-evaluate-a-franchise-agreement-not-on-the-directory-for-acceptable-franch"},{"question":"What issues in a franchise agreement typically lead to a determination of 'undue control' by the franchisor?","url":"https://dealroom.so/for-lenders/questions/what-issues-in-a-franchise-agreement-typically-lead-to-a-determination-of-undue-control-by"},{"question":"What if a proposed franchise agreement includes a clause restricting the borrower's operational control or management?","url":"https://dealroom.so/for-lenders/questions/what-if-a-proposed-franchise-agreement-includes-a-clause-restricting-the-borrower-s-operat"},{"question":"How does a lender determine if a franchise agreement contains impermissible control provisions not listed on the Directory?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-determine-if-a-franchise-agreement-contains-impermissible-control-provis"},{"question":"How does the SBA determine 'undue control' by a franchisor in a franchise agreement, making it ineligible for 7(a) financing?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-determine-undue-control-by-a-franchisor-in-a-franchise-agreement-making-i"},{"question":"How does the SBA determine if a franchise agreement grants the franchisor 'undue control' over the franchisee, impacting 7(a) eligibility?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-determine-if-a-franchise-agreement-grants-the-franchisor-undue-control-ov"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Account control agreement","url":"https://dealroom.so/glossary/account-control-agreement","source_type":"DealRoom Data"}}