{"ok":true,"canonical_url":"https://dealroom.so/glossary/fixed-asset-acquisition","api_url":"https://dealroom.so/api/public/glossary/fixed-asset-acquisition","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":"fixed-asset-acquisition","term":"Fixed Asset Acquisition","group":"Reading the business","definition":"The purchase of long-term assets like buildings, machinery, or equipment. An SBA 7(a) loan can fund these acquisitions as part of a business purchase.","what_it_means":"When you acquire a business, you're buying its assets, which often include fixed assets. The value and condition of these assets are critical for your due diligence. The 7(a) loan can cover the cost of acquiring existing fixed assets or purchasing new ones post-acquisition to support growth.","url":"https://dealroom.so/glossary/fixed-asset-acquisition","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":"tangible-asset","term":"Tangible asset","url":"https://dealroom.so/glossary/tangible-asset"},{"slug":"appraisal","term":"Appraisal","url":"https://dealroom.so/glossary/appraisal"},{"slug":"useful-life","term":"Useful life","url":"https://dealroom.so/glossary/useful-life"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"}],"related_questions":[{"question":"When can an SBA 7(a) loan finance the purchase of intellectual property as a primary asset in an acquisition?","url":"https://dealroom.so/for-lenders/questions/when-can-an-sba-7-a-loan-finance-the-purchase-of-intellectual-property-as-a-primary-asset-"},{"question":"Can an SBA 7(a) loan finance the purchase of intellectual property, like a software patent, as a primary asset in an acquisition?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-finance-the-purchase-of-intellectual-property-like-a-software-patent-a"},{"question":"What is the difference between an asset and stock purchase in a buyout?","url":"https://dealroom.so/sba-7a/questions/what-is-the-difference-between-an-asset-and-stock-purchase-in-a-buyout"},{"question":"Are SBA 7(a) loan interest rates fixed or variable?","url":"https://dealroom.so/sba-7a/questions/are-sba-7-a-loan-interest-rates-fixed-or-variable"},{"question":"How does a recent significant personal asset purchase affect my SBA 7(a) loan application?","url":"https://dealroom.so/sba-7a/questions/how-does-a-recent-significant-personal-asset-purchase-affect-my-sba-7-a-loan-application"},{"question":"Are SBA 7(a) loan interest rates typically fixed or variable?","url":"https://dealroom.so/sba-loans/basics/are-sba-7-a-loan-interest-rates-typically-fixed-or-variable"}]},"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 — Fixed Asset Acquisition","url":"https://dealroom.so/glossary/fixed-asset-acquisition","source_type":"DealRoom Data"}}