{"ok":true,"canonical_url":"https://dealroom.so/glossary/limited-joinder","api_url":"https://dealroom.so/api/public/glossary/limited-joinder","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":"limited-joinder","term":"Limited Joinder","group":"People and paperwork","definition":"A document signed by a spouse or other non-owner who has an ownership interest in pledged collateral, acknowledging the lien but not guaranteeing the loan. It ensures the collateral can be liquidated if necessary.","what_it_means":"If your spouse has an ownership stake in personal collateral (like a home) that's being pledged for the loan, they'll sign a Limited Joinder. This isn't a Personal Guarantee; it just means they can't block the lender from taking the collateral if you default. Make sure they understand this distinction.","url":"https://dealroom.so/glossary/limited-joinder","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":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"personal-guarantee","term":"Personal guarantee","url":"https://dealroom.so/glossary/personal-guarantee"},{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"},{"slug":"co-borrower","term":"Co-borrower","url":"https://dealroom.so/glossary/co-borrower"}],"related_questions":[{"question":"Can the personal guaranty be limited for certain passive investors or minority owners?","url":"https://dealroom.so/sba-7a/questions/can-the-personal-guaranty-be-limited-for-certain-passive-investors-or-minority-owners"},{"question":"What if the primary business assets are specialized machinery with limited resale value?","url":"https://dealroom.so/sba-7a/questions/what-if-the-primary-business-assets-are-specialized-machinery-with-limited-resale-value"},{"question":"What if the business I'm buying has limited tangible assets for collateral?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-buying-has-limited-tangible-assets-for-collateral"},{"question":"What if the business I'm acquiring is a startup with limited operating history?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-acquiring-is-a-startup-with-limited-operating-history"},{"question":"How does the SBA's \"all available collateral\" rule apply when business assets are limited?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-s-all-available-collateral-rule-apply-when-business-assets-are-limited"},{"question":"How does a lender evaluate the market value of collateral when there are limited comparable sales?","url":"https://dealroom.so/sba-7a/questions/how-does-a-lender-evaluate-the-market-value-of-collateral-when-there-are-limited-comparabl"}]},"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 — Limited Joinder","url":"https://dealroom.so/glossary/limited-joinder","source_type":"DealRoom Data"}}