{"ok":true,"canonical_url":"https://dealroom.so/glossary/delinquent","api_url":"https://dealroom.so/api/public/glossary/delinquent","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":"delinquent","term":"Delinquent","group":"The loan itself","definition":"A loan is delinquent when a borrower misses a scheduled payment by a certain number of days, usually 30 or more. This is a serious red flag for lenders and can lead to default.","what_it_means":"If your SBA loan becomes delinquent, your lender will start collection actions and may eventually declare the loan in default. This impacts your credit and risks foreclosure on collateral. Always communicate with your lender if you foresee payment issues.","url":"https://dealroom.so/glossary/delinquent","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"}],"related":[{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"},{"slug":"repayment-capacity","term":"Repayment capacity","url":"https://dealroom.so/glossary/repayment-capacity"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"call-of-the-guaranty","term":"Call of the guaranty","url":"https://dealroom.so/glossary/call-of-the-guaranty"}],"related_questions":[{"question":"Can a business owner with delinquent federal debt still be eligible for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/can-a-business-owner-with-delinquent-federal-debt-still-be-eligible-for-a-7-a-loan"},{"question":"What is the impact if a 7(a) loan borrower becomes delinquent on their federal taxes after loan closing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-impact-if-a-7-a-loan-borrower-becomes-delinquent-on-their-federal-taxes-after-"},{"question":"What steps must a lender take if a 7(a) loan becomes delinquent due to the borrower's federal tax liens?","url":"https://dealroom.so/for-lenders/questions/what-steps-must-a-lender-take-if-a-7-a-loan-becomes-delinquent-due-to-the-borrower-s-feder"}]},"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 — Delinquent","url":"https://dealroom.so/glossary/delinquent","source_type":"DealRoom Data"}}