{"ok":true,"canonical_url":"https://dealroom.so/glossary/sba-guaranteed-debenture","api_url":"https://dealroom.so/api/public/glossary/sba-guaranteed-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-guaranteed-debenture","term":"SBA-Guaranteed Debenture","group":"The loan itself","definition":"A type of bond or debt instrument issued by an SBA-approved lender, backed by the SBA's guarantee, and sold in the secondary market.","what_it_means":"When a lender makes an SBA 7(a) loan, they often sell the SBA-guaranteed portion of that loan on the secondary market to investors. This debenture represents the guaranteed portion, allowing lenders to free up capital for more loans. As a borrower, you primarily deal with the originating lender, not the debenture itself.","url":"https://dealroom.so/glossary/sba-guaranteed-debenture","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"},{"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-guaranty","term":"SBA guaranty","url":"https://dealroom.so/glossary/sba-guaranty"},{"slug":"secondary-market","term":"Secondary Market","url":"https://dealroom.so/glossary/secondary-market"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"certificate-of-guaranty","term":"Certificate of Guaranty","url":"https://dealroom.so/glossary/certificate-of-guaranty"}],"related_questions":[{"question":"What are the lender requirements for pooling and selling the guaranteed portion?","url":"https://dealroom.so/for-lenders/questions/what-are-the-lender-requirements-for-pooling-and-selling-the-guaranteed-portion"},{"question":"If my loan is guaranteed by the SBA, does that mean I don't need collateral?","url":"https://dealroom.so/sba-loans/basics/if-my-loan-is-guaranteed-by-the-sba-does-that-mean-i-don-t-need-collateral"},{"question":"What specific lender reporting requirements apply to the sale of the guaranteed portion on the secondary market?","url":"https://dealroom.so/for-lenders/questions/what-specific-lender-reporting-requirements-apply-to-the-sale-of-the-guaranteed-portion-on"},{"question":"What are the lender requirements for pooling and selling the guaranteed portion of a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-are-the-lender-requirements-for-pooling-and-selling-the-guaranteed-portion-of-a-7-a-l"},{"question":"What specific reporting obligations does a lender have to the SBA after selling the guaranteed portion of a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-specific-reporting-obligations-does-a-lender-have-to-the-sba-after-selling-the-guaran"},{"question":"What are the SBA's reporting requirements for 7(a) lenders regarding sales of guaranteed loan portions on the secondary market?","url":"https://dealroom.so/for-lenders/questions/what-are-the-sba-s-reporting-requirements-for-7-a-lenders-regarding-sales-of-guaranteed-lo"}]},"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-Guaranteed Debenture","url":"https://dealroom.so/glossary/sba-guaranteed-debenture","source_type":"DealRoom Data"}}