{"ok":true,"canonical_url":"https://dealroom.so/glossary/sba-debenture","api_url":"https://dealroom.so/api/public/glossary/sba-debenture","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":"sba-debenture","term":"SBA debenture","group":"The loan itself","definition":"A type of bond issued by a Certified Development Company (CDC) and guaranteed by the SBA, used to fund the CDC portion of a 504 loan. It's not part of a 7(a) acquisition loan.","what_it_means":"When a CDC makes a 504 loan, they sell a debenture to private investors to raise the funds. This is a mechanism specific to the 504 program and irrelevant for your 7(a) business acquisition financing. Your 7(a) loan will be originated and serviced by a bank.","url":"https://dealroom.so/glossary/sba-debenture","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":"sba-504-loan","term":"SBA 504 loan","url":"https://dealroom.so/glossary/sba-504-loan"},{"slug":"certified-development-company","term":"Certified Development Company","url":"https://dealroom.so/glossary/certified-development-company"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"secondary-market","term":"Secondary Market","url":"https://dealroom.so/glossary/secondary-market"}],"related_questions":[{"question":"What does the 'SBA' in SBA 7(a) loan actually mean?","url":"https://dealroom.so/sba-loans/basics/what-does-the-sba-in-sba-7-a-loan-actually-mean"},{"question":"Does being listed on the SBA Franchise Directory guarantee SBA loan approval?","url":"https://dealroom.so/sba-7a/questions/does-being-listed-on-the-sba-franchise-directory-guarantee-sba-loan-approval"},{"question":"What does the SBA 'guarantee' mean in an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-does-the-sba-guarantee-mean-in-an-sba-7-a-loan"},{"question":"What is the \"SBA\" part of an SBA 7(a) loan, exactly?","url":"https://dealroom.so/sba-loans/basics/what-is-the-sba-part-of-an-sba-7-a-loan-exactly"},{"question":"What does the 'SBA' part of an SBA 7(a) loan mean?","url":"https://dealroom.so/sba-loans/basics/what-does-the-sba-part-of-an-sba-7-a-loan-mean"},{"question":"Do I submit my SBA 7(a) loan application directly to the SBA?","url":"https://dealroom.so/sba-loans/basics/do-i-submit-my-sba-7-a-loan-application-directly-to-the-sba"}]},"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 — SBA debenture","url":"https://dealroom.so/glossary/sba-debenture","source_type":"DealRoom Data"}}