{"ok":true,"canonical_url":"https://dealroom.so/glossary/ach","api_url":"https://dealroom.so/api/public/glossary/ach","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":"ach","term":"ACH","group":"Doing the deal","definition":"ACH stands for Automated Clearing House, an electronic network for processing financial transactions in the US. It's commonly used for direct deposits, bill payments, and recurring loan payments.","what_it_means":"Your SBA 7(a) loan payments will almost certainly be set up through ACH for automatic withdrawal from your business bank account. This ensures timely payments, which is crucial for maintaining good standing with your lender. Verify the setup details during loan closing to prevent any missed payments.","url":"https://dealroom.so/glossary/ach","official_sources":[],"related":[{"slug":"bank-statement","term":"Bank Statement","url":"https://dealroom.so/glossary/bank-statement"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"}],"related_questions":[]},"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 — ACH","url":"https://dealroom.so/glossary/ach","source_type":"DealRoom Data"}}