{"ok":true,"canonical_url":"https://dealroom.so/glossary/endorsement","api_url":"https://dealroom.so/api/public/glossary/endorsement","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":"endorsement","term":"Endorsement","group":"Doing the deal","definition":"An amendment or attachment to a legal document, like an insurance policy or a loan agreement, that modifies its terms. It's a formal way to update or clarify existing provisions.","what_it_means":"In an acquisition, you might see endorsements on insurance policies to transfer coverage to the new owner or adjust terms. For your SBA loan, an endorsement could modify specific conditions or collateral details after closing. Always read endorsements carefully as they alter original agreements.","url":"https://dealroom.so/glossary/endorsement","official_sources":[],"related":[{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"amended-sba-loan-authorization","term":"Amended SBA Loan Authorization","url":"https://dealroom.so/glossary/amended-sba-loan-authorization"},{"slug":"life-insurance","term":"Life insurance","url":"https://dealroom.so/glossary/life-insurance"},{"slug":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"}],"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 — Endorsement","url":"https://dealroom.so/glossary/endorsement","source_type":"DealRoom Data"}}