{"ok":true,"canonical_url":"https://dealroom.so/glossary/registered-pool-assembler","api_url":"https://dealroom.so/api/public/glossary/registered-pool-assembler","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":"registered-pool-assembler","term":"Registered Pool Assembler","group":"People and paperwork","definition":"A financial institution approved by the SBA to create \"pools\" of SBA-guaranteed loans for sale on the secondary market. They package the guaranteed portions of loans.","what_it_means":"While you won't directly interact with a Registered Pool Assembler, they play a role in the broader SBA loan ecosystem. Your lender might sell the guaranteed portion of your loan to one, which can free up capital for them to make more SBA loans. This doesn't affect your loan terms.","url":"https://dealroom.so/glossary/registered-pool-assembler","official_sources":[{"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":"secondary-market","term":"Secondary Market","url":"https://dealroom.so/glossary/secondary-market"},{"slug":"certificate-of-guaranty","term":"Certificate of Guaranty","url":"https://dealroom.so/glossary/certificate-of-guaranty"},{"slug":"sba-guaranty","term":"SBA guaranty","url":"https://dealroom.so/glossary/sba-guaranty"},{"slug":"origination","term":"Origination","url":"https://dealroom.so/glossary/origination"}],"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 — Registered Pool Assembler","url":"https://dealroom.so/glossary/registered-pool-assembler","source_type":"DealRoom Data"}}