{"ok":true,"canonical_url":"https://dealroom.so/glossary/land-acquisition","api_url":"https://dealroom.so/api/public/glossary/land-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":"land-acquisition","term":"Land acquisition","group":"Doing the deal","definition":"This refers to the purchase of undeveloped or developed land. You care if the business acquisition involves buying the real estate where the business operates, or land for future expansion.","what_it_means":"An SBA 7(a) loan can finance the acquisition of land as part of a larger business purchase or expansion project, provided the land will be owner-occupied and used for business operations. This is a common component of total project costs for businesses with real estate.","url":"https://dealroom.so/glossary/land-acquisition","official_sources":[{"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"},{"slug":"terms-conditions-eligibility","title":"7(a) Loan Program — Terms, Conditions, and Eligibility","official_url":"https://www.sba.gov/partners/lenders/7a-loan-program/terms-conditions-eligibility","official_label":"View on SBA.gov","authority_tier":5,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/terms-conditions-eligibility"}],"related":[{"slug":"owner-occupied-commercial-real-estate","term":"Owner-occupied commercial real estate","url":"https://dealroom.so/glossary/owner-occupied-commercial-real-estate"},{"slug":"use-of-proceeds","term":"Use of proceeds","url":"https://dealroom.so/glossary/use-of-proceeds"},{"slug":"business-mortgage","term":"Business mortgage","url":"https://dealroom.so/glossary/business-mortgage"}],"related_questions":[{"question":"Can an SBA 7(a) loan finance property improvements on leased land or buildings?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-finance-property-improvements-on-leased-land-or-buildings"},{"question":"Can I use an SBA 7(a) loan to buy land for my business?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-buy-land-for-my-business"},{"question":"Can I use an SBA 7(a) loan to buy the land for my business?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-buy-the-land-for-my-business"},{"question":"Can I use an SBA 7(a) loan to buy land for future business expansion?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-buy-land-for-future-business-expansion"},{"question":"Can I use an SBA 7(a) loan to buy land for my business operations?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-buy-land-for-my-business-operations"},{"question":"Can a 7(a) loan finance the purchase of undeveloped land for future business expansion?","url":"https://dealroom.so/for-lenders/questions/can-a-7-a-loan-finance-the-purchase-of-undeveloped-land-for-future-business-expansion"}]},"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 — Land acquisition","url":"https://dealroom.so/glossary/land-acquisition","source_type":"DealRoom Data"}}