{"ok":true,"canonical_url":"https://dealroom.so/glossary/readily-marketable-security","api_url":"https://dealroom.so/api/public/glossary/readily-marketable-security","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":"readily-marketable-security","term":"Readily marketable security","group":"Reading the business","definition":"An investment, like a stock or bond, that can be easily and quickly bought or sold on a public exchange for cash. The SBA considers these valuable for collateral or personal liquidity.","what_it_means":"If you have a brokerage account, readily marketable securities can serve as collateral for your SBA loan, especially if the business lacks sufficient tangible assets. Lenders will typically value them at a discount to their market price. They also count towards your personal liquidity for your equity injection.","url":"https://dealroom.so/glossary/readily-marketable-security","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":"marketable-securities","term":"Marketable securities","url":"https://dealroom.so/glossary/marketable-securities"},{"slug":"unencumbered-liquid-asset","term":"Unencumbered liquid asset","url":"https://dealroom.so/glossary/unencumbered-liquid-asset"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"brokerage-statement","term":"Brokerage Statement","url":"https://dealroom.so/glossary/brokerage-statement"}],"related_questions":[{"question":"What criteria justify a lender waiving a lien on readily marketable personal assets from a guarantor?","url":"https://dealroom.so/for-lenders/questions/what-criteria-justify-a-lender-waiving-a-lien-on-readily-marketable-personal-assets-from-a"},{"question":"When can a lender waive the requirement for a lien on readily marketable personal assets of a guarantor?","url":"https://dealroom.so/for-lenders/questions/when-can-a-lender-waive-the-requirement-for-a-lien-on-readily-marketable-personal-assets-o"},{"question":"Can personal marketable securities (stocks/bonds) be used as collateral if business assets are insufficient?","url":"https://dealroom.so/sba-7a/questions/can-personal-marketable-securities-stocks-bonds-be-used-as-collateral-if-business-assets-a"},{"question":"Can pledged marketable securities, like stocks, serve as additional collateral for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/can-pledged-marketable-securities-like-stocks-serve-as-additional-collateral-for-an-sba-7-"},{"question":"How does the SBA require lenders to perfect security interests on accounts receivable and inventory?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-require-lenders-to-perfect-security-interests-on-accounts-receivable-and-"},{"question":"How does a lender perfect a security interest in intellectual property for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-perfect-a-security-interest-in-intellectual-property-for-a-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 — Readily marketable security","url":"https://dealroom.so/glossary/readily-marketable-security","source_type":"DealRoom Data"}}