{"ok":true,"canonical_url":"https://dealroom.so/glossary/negotiated-addendum","api_url":"https://dealroom.so/api/public/glossary/negotiated-addendum","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":"negotiated-addendum","term":"Negotiated Addendum","group":"Doing the deal","definition":"A separate document that modifies or adds specific terms to an existing agreement, such as a purchase agreement or loan document, after its initial drafting.","what_it_means":"During due diligence or loan closing, you might discover items that require changes to the original LOI or Loan Agreement. An addendum is used to formalize these agreed-upon changes without redrafting the entire document. Ensure all parties sign and date it.","url":"https://dealroom.so/glossary/negotiated-addendum","official_sources":[],"related":[{"slug":"loi","term":"LOI","url":"https://dealroom.so/glossary/loi"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"},{"slug":"escrow-holdback","term":"Escrow / holdback","url":"https://dealroom.so/glossary/escrow-holdback"}],"related_questions":[{"question":"If a franchise agreement is listed on the SBA Franchise Directory but has an addendum or rider, how does a lender assess its eligibility?","url":"https://dealroom.so/for-lenders/questions/if-a-franchise-agreement-is-listed-on-the-sba-franchise-directory-but-has-an-addendum-or-r"}]},"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 — Negotiated Addendum","url":"https://dealroom.so/glossary/negotiated-addendum","source_type":"DealRoom Data"}}