{"ok":true,"canonical_url":"https://dealroom.so/glossary/nda-buyer-verification","api_url":"https://dealroom.so/api/public/glossary/nda-buyer-verification","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":"nda-buyer-verification","term":"NDA","aka":"non-disclosure agreement","group":"People and paperwork","definition":"The contract you sign to see a business's confidential details. On DealRoom this is the Buyer Verification step before a Deal Book opens.","what_it_means":"The NDA is the gatekeeper to confidential deal information. Once signed, it legally binds you to keep deal details private — financial data, customer lists, and deal structure. On DealRoom, the NDA is embedded in the Buyer Verification step: you sign digitally, your identity is verified, and the Deal Book unlocks automatically. This replaces the manual email-and-scan process most advisors use, and it creates a documented audit trail of who has seen what.","url":"https://dealroom.so/glossary/nda-buyer-verification","official_sources":[],"related":[{"slug":"cim-deal-book","term":"CIM","url":"https://dealroom.so/glossary/cim-deal-book"},{"slug":"proof-of-funds","term":"Proof of funds","url":"https://dealroom.so/glossary/proof-of-funds"},{"slug":"ma-advisor","term":"M&A advisor","url":"https://dealroom.so/glossary/ma-advisor"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[]},"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 — NDA","url":"https://dealroom.so/glossary/nda-buyer-verification","source_type":"DealRoom Data"}}