{"ok":true,"canonical_url":"https://dealroom.so/glossary/request-for-additional-information","api_url":"https://dealroom.so/api/public/glossary/request-for-additional-information","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":"request-for-additional-information","term":"Request for Additional Information","aka":"RFAI","group":"People and paperwork","definition":"A formal request from the SBA or a lender for more details or documents during the loan application or review process. Respond promptly to keep your deal moving.","what_it_means":"Expect RFAs during underwriting. It's common for lenders to need clarification on financial statements, ownership structures, or specific eligibility points. Provide clear, concise, and complete answers quickly to avoid delays in your SBA 7(a) loan approval.","url":"https://dealroom.so/glossary/request-for-additional-information","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":"underwriting","term":"Underwriting","url":"https://dealroom.so/glossary/underwriting"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"},{"slug":"form-1919","term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"},{"slug":"material-information","term":"Material information","url":"https://dealroom.so/glossary/material-information"}],"related_questions":[{"question":"What critical information often missing from a Universal Purchase Package (UPP) leads to an SBA request for more information?","url":"https://dealroom.so/for-lenders/questions/what-critical-information-often-missing-from-a-universal-purchase-package-upp-leads-to-an-"},{"question":"Which additional SBA forms are universally required for all 7(a) loan applications, beyond the borrower information form?","url":"https://dealroom.so/for-lenders/questions/which-additional-sba-forms-are-universally-required-for-all-7-a-loan-applications-beyond-t"},{"question":"What information from SBA Form 1919 must precisely match E-Tran for a successful 7(a) loan authorization request?","url":"https://dealroom.so/for-lenders/questions/what-information-from-sba-form-1919-must-precisely-match-e-tran-for-a-successful-7-a-loan-"},{"question":"How does a lender respond if the SBA requests additional information or clarification during the guaranty purchase review process?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-respond-if-the-sba-requests-additional-information-or-clarification-duri"},{"question":"What specific information must a lender submit in E-Tran to request a 7(a) loan increase after authorization?","url":"https://dealroom.so/for-lenders/questions/what-specific-information-must-a-lender-submit-in-e-tran-to-request-a-7-a-loan-increase-af"},{"question":"What if the lender requests additional appraisals for assets late in the process?","url":"https://dealroom.so/sba-7a/questions/what-if-the-lender-requests-additional-appraisals-for-assets-late-in-the-process"}]},"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 — Request for Additional Information","url":"https://dealroom.so/glossary/request-for-additional-information","source_type":"DealRoom Data"}}