{"ok":true,"canonical_url":"https://dealroom.so/glossary/delegated-action","api_url":"https://dealroom.so/api/public/glossary/delegated-action","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":"delegated-action","term":"Delegated Action","group":"People and paperwork","definition":"A delegated action is a decision made by a Preferred Lender Program (PLP) lender without prior SBA review. This speeds up the loan approval process, as the lender has the authority to approve the SBA guarantee directly.","what_it_means":"Most 7(a) loans are processed as delegated actions, meaning your lender makes the final call on eligibility and creditworthiness. This is why choosing an experienced PLP lender is crucial; they have the expertise and authority to move quickly. You still need to provide complete and accurate information to them.","url":"https://dealroom.so/glossary/delegated-action","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"preferred-lender","term":"Preferred Lender","url":"https://dealroom.so/glossary/preferred-lender"},{"slug":"plp-lender","term":"PLP lender","url":"https://dealroom.so/glossary/plp-lender"},{"slug":"non-delegated-lender","term":"Non-Delegated Lender","url":"https://dealroom.so/glossary/non-delegated-lender"},{"slug":"delegated-authority","term":"Delegated authority","url":"https://dealroom.so/glossary/delegated-authority"}],"related_questions":[{"question":"What collateral servicing actions require prior SBA approval versus those delegated to the lender?","url":"https://dealroom.so/for-lenders/questions/what-collateral-servicing-actions-require-prior-sba-approval-versus-those-delegated-to-the"},{"question":"What specific actions constitute an 'unapproved material servicing action' that could lead to a 7(a) guaranty repair or denial?","url":"https://dealroom.so/for-lenders/questions/what-specific-actions-constitute-an-unapproved-material-servicing-action-that-could-lead-t"},{"question":"What factors allow a lender to use their delegated authority (e.g., Preferred Lender status) to speed up SBA loan approval?","url":"https://dealroom.so/sba-7a/questions/what-factors-allow-a-lender-to-use-their-delegated-authority-e-g-preferred-lender-status-t"},{"question":"How does an unapproved material servicing action impact the SBA's 7(a) loan guaranty?","url":"https://dealroom.so/for-lenders/questions/how-does-an-unapproved-material-servicing-action-impact-the-sba-s-7-a-loan-guaranty"},{"question":"When can a lender request prior approval from the SBA for a significant servicing action?","url":"https://dealroom.so/for-lenders/questions/when-can-a-lender-request-prior-approval-from-the-sba-for-a-significant-servicing-action"},{"question":"What information must a lender provide to the SBA when requesting prior approval for a significant servicing action?","url":"https://dealroom.so/for-lenders/questions/what-information-must-a-lender-provide-to-the-sba-when-requesting-prior-approval-for-a-sig"}]},"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 — Delegated Action","url":"https://dealroom.so/glossary/delegated-action","source_type":"DealRoom Data"}}