{"ok":true,"canonical_url":"https://dealroom.so/glossary/finance-company","api_url":"https://dealroom.so/api/public/glossary/finance-company","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":"finance-company","term":"Finance company","group":"People and paperwork","definition":"An institution that provides loans or financing, often specializing in specific types of credit or industries, distinct from traditional banks.","what_it_means":"While SBA loans are typically processed by banks, some specialized finance companies might offer other forms of financing alongside your SBA loan, such as equipment financing or lines of credit. Be aware of their terms, as they often have different fee structures and interest rates than banks.","url":"https://dealroom.so/glossary/finance-company","official_sources":[],"related":[{"slug":"lender-closing-costs","term":"Lender closing costs","url":"https://dealroom.so/glossary/lender-closing-costs"},{"slug":"conventional-loan","term":"Conventional loan","url":"https://dealroom.so/glossary/conventional-loan"},{"slug":"line-of-credit","term":"Line of credit","url":"https://dealroom.so/glossary/line-of-credit"}],"related_questions":[{"question":"Can an SBA 7(a) loan help me acquire another company?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-help-me-acquire-another-company"},{"question":"What distinguishes a company redemption from a cross-purchase buyout for SBA?","url":"https://dealroom.so/sba-7a/questions/what-distinguishes-a-company-redemption-from-a-cross-purchase-buyout-for-sba"},{"question":"Does my business need to be a for-profit company to qualify?","url":"https://dealroom.so/sba-loans/basics/does-my-business-need-to-be-a-for-profit-company-to-qualify"},{"question":"Can the company itself redeem the departing partner's shares with an SBA loan?","url":"https://dealroom.so/sba-7a/questions/can-the-company-itself-redeem-the-departing-partner-s-shares-with-an-sba-loan"},{"question":"What happens if my business real estate is owned separately from my operating company?","url":"https://dealroom.so/sba-loans/basics/what-happens-if-my-business-real-estate-is-owned-separately-from-my-operating-company"},{"question":"Can I use an equity injection from another company I own for the down payment?","url":"https://dealroom.so/sba-7a/questions/can-i-use-an-equity-injection-from-another-company-i-own-for-the-down-payment"}]},"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 — Finance company","url":"https://dealroom.so/glossary/finance-company","source_type":"DealRoom Data"}}