{"ok":true,"canonical_url":"https://dealroom.so/glossary/money-laundering","api_url":"https://dealroom.so/api/public/glossary/money-laundering","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":"money-laundering","term":"Money Laundering","group":"People and paperwork","definition":"This is the illegal process of concealing the origins of illegally obtained money, typically by passing it through legitimate businesses. It's a serious financial crime.","what_it_means":"Lenders have strict Anti-Money Laundering (AML) compliance requirements. If a business has any history or suspicion of involvement in money laundering, it will be ineligible for an SBA loan and could lead to severe legal repercussions for you as the buyer. Lenders will scrutinize the source of funds.","url":"https://dealroom.so/glossary/money-laundering","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":"fraud","term":"Fraud","url":"https://dealroom.so/glossary/fraud"},{"slug":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"},{"slug":"ineligible-businesses-rule","term":"Ineligible businesses rule","url":"https://dealroom.so/glossary/ineligible-businesses-rule"},{"slug":"good-character","term":"Good character","url":"https://dealroom.so/glossary/good-character"}],"related_questions":[{"question":"What counts as \"my own money\" for the down payment?","url":"https://dealroom.so/sba-loans/basics/what-counts-as-my-own-money-for-the-down-payment"},{"question":"How does the SBA decide how much money I can borrow?","url":"https://dealroom.so/sba-loans/basics/how-does-the-sba-decide-how-much-money-i-can-borrow"},{"question":"Who actually lends the money for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/who-actually-lends-the-money-for-an-sba-7-a-loan"},{"question":"Who actually provides the money for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/who-actually-provides-the-money-for-an-sba-7-a-loan"},{"question":"Who actually gives me the money for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/who-actually-gives-me-the-money-for-an-sba-7-a-loan"},{"question":"Does the government directly lend money for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/does-the-government-directly-lend-money-for-an-sba-7-a-loan"}]},"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 — Money Laundering","url":"https://dealroom.so/glossary/money-laundering","source_type":"DealRoom Data"}}