{"ok":true,"canonical_url":"https://dealroom.so/glossary/underwriter","api_url":"https://dealroom.so/api/public/glossary/underwriter","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":"underwriter","term":"Underwriter","group":"People and paperwork","definition":"The underwriter is the person at the bank who assesses your loan application and the business's financials to decide if it meets the bank's and SBA's lending standards. They determine if the loan is too risky.","what_it_means":"Your lender's underwriter will scrutinize your personal finances, credit history, and the target business's performance. They're looking for red flags in cash flow, debt, and your ability to repay. Provide all requested documents promptly to avoid delays or a loan denial.","url":"https://dealroom.so/glossary/underwriter","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":"loan-origination","term":"Loan origination","url":"https://dealroom.so/glossary/loan-origination"},{"slug":"credit-analysis","term":"Credit analysis","url":"https://dealroom.so/glossary/credit-analysis"},{"slug":"loan-denial","term":"Loan denial","url":"https://dealroom.so/glossary/loan-denial"},{"slug":"personal-financial-statement","term":"Personal financial statement","url":"https://dealroom.so/glossary/personal-financial-statement"}],"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 — Underwriter","url":"https://dealroom.so/glossary/underwriter","source_type":"DealRoom Data"}}