Glossary · The loan itself
In short
This is a loan specifically for buying an existing business. The SBA 7(a) program is a common form of acquisition financing for small business purchases.
When you're buying a business, Acquisition Financing covers the purchase price, working capital, and sometimes closing costs. The SBA 7(a) loan is ideal because it allows for longer repayment terms and lower down payments than conventional options. Focus on how the loan structure impacts your monthly Debt Service Requirements.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
See which SBA lenders would fund your deal
Tell us the business, the price, and where you are — we'll point you to the lenders most likely to approve a 7(a) like yours and flag what trips up approval.
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