{"ok":true,"canonical_url":"https://dealroom.so/glossary/private-sale","api_url":"https://dealroom.so/api/public/glossary/private-sale","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":"private-sale","term":"Private sale","group":"Doing the deal","definition":"A sale of assets or a business negotiated directly between a seller and a specific buyer, without an open bidding process. This is common for small business acquisitions.","what_it_means":"Most small business acquisitions, including those financed by an SBA 7(a) loan, are private sales. You'll negotiate terms directly with the seller. Your due diligence and legal agreements are crucial here to protect your interests.","url":"https://dealroom.so/glossary/private-sale","official_sources":[],"related":[{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"asset-purchase","term":"Asset purchase","url":"https://dealroom.so/glossary/asset-purchase"},{"slug":"stock-purchase","term":"Stock purchase","url":"https://dealroom.so/glossary/stock-purchase"}],"related_questions":[{"question":"When does ownership by a private equity fund trigger affiliation for SBA size standard purposes?","url":"https://dealroom.so/for-lenders/questions/when-does-ownership-by-a-private-equity-fund-trigger-affiliation-for-sba-size-standard-pur"},{"question":"Can a bridge loan from a private lender count towards the buyer's required equity injection?","url":"https://dealroom.so/sba-7a/questions/can-a-bridge-loan-from-a-private-lender-count-towards-the-buyer-s-required-equity-injectio"},{"question":"Can funds from a private equity firm count as equity injection for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/can-funds-from-a-private-equity-firm-count-as-equity-injection-for-an-sba-7-a-loan"},{"question":"Under what conditions does ownership by a private equity fund trigger affiliation for SBA size standard purposes?","url":"https://dealroom.so/for-lenders/questions/under-what-conditions-does-ownership-by-a-private-equity-fund-trigger-affiliation-for-sba-"},{"question":"Can a private investor provide a loan that counts as equity injection for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/can-a-private-investor-provide-a-loan-that-counts-as-equity-injection-for-an-sba-7-a-loan"},{"question":"Can a subordinated loan from a private third-party investor count as equity injection for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/can-a-subordinated-loan-from-a-private-third-party-investor-count-as-equity-injection-for-"}]},"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 — Private sale","url":"https://dealroom.so/glossary/private-sale","source_type":"DealRoom Data"}}