{"ok":true,"canonical_url":"https://dealroom.so/glossary/lender-s-certificate","api_url":"https://dealroom.so/api/public/glossary/lender-s-certificate","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":"lender-s-certificate","term":"Lender's Certificate","group":"People and paperwork","definition":"A document signed by the lender certifying that they've met all SBA requirements for the 7(a) loan. It confirms compliance with SBA rules before the loan is funded.","what_it_means":"This certificate is a critical closing document. It's the lender's formal assurance to the SBA that the loan was properly underwritten and closed according to all regulations. As a buyer, you rely on your lender to ensure this is accurate for your loan's validity.","url":"https://dealroom.so/glossary/lender-s-certificate","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":"underwriting","term":"Underwriting","url":"https://dealroom.so/glossary/underwriting"},{"slug":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"},{"slug":"sop-50-10","term":"SOP 50 10","url":"https://dealroom.so/glossary/sop-50-10"},{"slug":"sba-loan-authorization","term":"SBA Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization"}],"related_questions":[{"question":"Can a borrower's investment in a certificate of deposit (CD) count towards the required equity injection?","url":"https://dealroom.so/for-lenders/questions/can-a-borrower-s-investment-in-a-certificate-of-deposit-cd-count-towards-the-required-equi"},{"question":"Can I use funds from a Certificate of Deposit (CD) that matures after closing for my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-i-use-funds-from-a-certificate-of-deposit-cd-that-matures-after-closing-for-my-equity-"},{"question":"How is a lender's 'SBA Preferred Lender' status beneficial for the borrower?","url":"https://dealroom.so/sba-loans/basics/how-is-a-lender-s-sba-preferred-lender-status-beneficial-for-the-borrower"},{"question":"How does a lender confirm an owner's U.S. citizenship if they were born in a U.S. territory or abroad to U.S. parents?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-confirm-an-owner-s-u-s-citizenship-if-they-were-born-in-a-u-s-territory-"},{"question":"What are the consequences if the borrower's debt service coverage ratio (DSCR) falls below the lender's minimum after closing?","url":"https://dealroom.so/sba-7a/questions/what-are-the-consequences-if-the-borrower-s-debt-service-coverage-ratio-dscr-falls-below-t"},{"question":"What specific due diligence must a lender perform to evaluate the borrower's proposed management team's experience for a startup?","url":"https://dealroom.so/for-lenders/questions/what-specific-due-diligence-must-a-lender-perform-to-evaluate-the-borrower-s-proposed-mana"}]},"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 — Lender's Certificate","url":"https://dealroom.so/glossary/lender-s-certificate","source_type":"DealRoom Data"}}