{"ok":true,"canonical_url":"https://dealroom.so/glossary/shared-risk","api_url":"https://dealroom.so/api/public/glossary/shared-risk","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":"shared-risk","term":"Shared Risk","group":"The loan itself","definition":"This refers to how the risk of a loan default is divided between the lender and the SBA. The SBA doesn't guarantee 100% of your loan.","what_it_means":"With an SBA 7(a) loan, the SBA guarantees a portion of the loan, typically 75% or 85%, meaning the lender still carries some risk. This shared risk encourages lenders to underwrite prudently while still making capital available to small businesses. It's why lenders still scrutinize your application carefully.","url":"https://dealroom.so/glossary/shared-risk","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":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"credit-enhancement","term":"Credit Enhancement","url":"https://dealroom.so/glossary/credit-enhancement"},{"slug":"prudent-lending-standards","term":"Prudent lending standards","url":"https://dealroom.so/glossary/prudent-lending-standards"}],"related_questions":[{"question":"Are businesses with shared facilities or equipment considered affiliated for SBA size standards?","url":"https://dealroom.so/for-lenders/questions/are-businesses-with-shared-facilities-or-equipment-considered-affiliated-for-sba-size-stan"},{"question":"When does a shared resource agreement create affiliation for SBA size standard calculations?","url":"https://dealroom.so/for-lenders/questions/when-does-a-shared-resource-agreement-create-affiliation-for-sba-size-standard-calculation"},{"question":"Is a spouse's personal guarantee always required if they have significant shared assets?","url":"https://dealroom.so/sba-7a/questions/is-a-spouse-s-personal-guarantee-always-required-if-they-have-significant-shared-assets"},{"question":"How do potential conflicts of interest with the seller, like shared services, affect approval?","url":"https://dealroom.so/sba-7a/questions/how-do-potential-conflicts-of-interest-with-the-seller-like-shared-services-affect-approva"},{"question":"How do shared investors in multiple entities trigger affiliation for SBA size standard calculations?","url":"https://dealroom.so/for-lenders/questions/how-do-shared-investors-in-multiple-entities-trigger-affiliation-for-sba-size-standard-cal"},{"question":"How do shared administrative services, like HR or accounting, automatically trigger affiliation for size determination?","url":"https://dealroom.so/for-lenders/questions/how-do-shared-administrative-services-like-hr-or-accounting-automatically-trigger-affiliat"}]},"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 — Shared Risk","url":"https://dealroom.so/glossary/shared-risk","source_type":"DealRoom Data"}}