{"ok":true,"canonical_url":"https://dealroom.so/glossary/fico-liquidcredit","api_url":"https://dealroom.so/api/public/glossary/fico-liquidcredit","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":"fico-liquidcredit","term":"FICO LiquidCredit","group":"Reading the business","definition":"This is a specific FICO credit scoring model often used by lenders to assess the creditworthiness of small businesses and their principals. It helps predict the likelihood of default.","what_it_means":"While the term \"FICO LiquidCredit\" is somewhat dated, lenders will pull your personal FICO score and credit report as a key part of their credit analysis for an SBA loan. A strong personal FICO score demonstrates good character and is crucial for loan approval. Address any derogatory marks proactively.","url":"https://dealroom.so/glossary/fico-liquidcredit","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":"fico-score","term":"FICO score","url":"https://dealroom.so/glossary/fico-score"},{"slug":"credit-report","term":"Credit report","url":"https://dealroom.so/glossary/credit-report"},{"slug":"credit-analysis","term":"Credit analysis","url":"https://dealroom.so/glossary/credit-analysis"},{"slug":"derogatory-mark","term":"Derogatory mark","url":"https://dealroom.so/glossary/derogatory-mark"}],"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 — FICO LiquidCredit","url":"https://dealroom.so/glossary/fico-liquidcredit","source_type":"DealRoom Data"}}